the wind has changed

So the last few weeks NDO was a gift, a situation where a distressed seller, kept their foot on NDOs throat.

No chance of buyers stepping up, out of the trenches until this maniac had ran out of ammunition.

How was sentiment last week??

You were either in one of two camps.

- You could have looked at the sp and say, if someone else thinks its dogged, then it must be. They must know something i dont, boo hoo, sell. All the tears in the tea cup about tindalo. In reality, small potatoes next to the galioth of which gindara offers.

or

- We are given an opportunity to accumulate at production level support from galoc, and everything about the Gindara, and JV with SHELL !!! is a bonus. NO BRAINER.

The wind has changed? The distressed seller, no longer dumping millions of shares?? where is that opportunity?

Will he come back? or have we seen the last of him.

The Convertible note conversion, of first 13m and second 22m, did not account for the number of shares. Only a major, a 50+m type holding would hold the cards to have pushed around the volumes we saw.

The annual report, due soon, will shed light on the true nature of who in our top 20 has been forced to reduce their holdings.

Well done to holders, and accumulators who put aside emotion, and could see the course ahead, meant a reversal was coming, and the bottom? at at given day.

8.8 it would seem.

Based on the volumes of buying this morning, 100-500ks, would take it that some of our larger supporters have heard the empty clicking from the triggers in our apposing trenches.

Giddiup.