I look at it this way, next market release is just another step...

Brother @Hateful8 not flinching and soaking it up! There hasn't been much volume lately so its very hard to accumulate without pushing price up. Same goes the other way for those that want to let go. Wider spreads dont help either! Mr Market looking for the next market release for direction haha! AIMHO (DYOR)

I look at it this way, next market release is just another step along the road to moving forward. In other words, the next step on its own is not so critical so as to potentially derail overall forward progress and send us back to 4-5c. I say this because the big man appears to be taking a measured approach to forward progress. Also, I think the 200-day moving average is around 6c so technically thats a solid support line. Alot would need to go wrong to break that level to the down-side like the gold price tanking 50% or something! The 5-day, 20-day and 50-day moving averages have all roughly converged (around 8.5c). OZM is at a cross-roads technically. Short term downside (mid 8c to 6c) to upside risk (mid 8c to 10-17c) looks decent for a trader's punt I reckon. AIMHO (DYOR).