WORLD'S BEST UNDEVELOPED IO PROJECT, page-436

It's not shorts. No way. Not at this volume. Even if there's a bit of natural shorting that's not what's really going on. It's just heat coming out and a natural lack of buying pressure to counteract the selling.

12 months to BFS plus iron ore getting smashed = even if you were interested in CAP you wouldn't buy now.

There's no rush so you might as well wait for the pressure to equalise, which ironically means there will be less buying pressure so more drops etc etc.

Unless you're trying to swing trade or gamble on off takes, but like I said above that's a different kind of play.