Thin support for heads means they're ripe for the taking. One big player could sell through and down to very low levels, triggering plenty of stops on the way.
IMO most people are holding this one very tightly, and waiting for news on the drill, which should be due in the next few weeks. Still not convinced we'll see contracts accepted until we've got the new BOP in place and proven the new drill bits.
Interesting divergence on the oppies, very little liquidity and huge upside potential means they're very tightly held and creeping upwards, good support at 0.065.
Watch out for a big test downwards if 0.155 gets breached, could be followed by rapid spike upwards if news on the drill follows...
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