Maybe they don't know if the contract is getting signed, maybe the share price is simply correcting itself to its rightful place now that the selling pressure from a large holder has gone and news is imminent and deals on the table..
At least the people selling out now are most likely small punters that entered in low, once they have gone and shares absorbed by long term holders it should see this type of rise more often leading up to news, funding and 12 months after funding plant construction completed and operation