Interesting day today for B2Y, the significant fall in SP part...

Interesting day today for B2Y, the significant fall in SP part of a wider sell off, which is fine, however sentiment works in mysterious ways. The following negatives although minor will probably weigh on the SP far more than they should. The more the SP tanks the more appealing it is becoming...

- Sumping Review: Loss of 4000t of ROM (400t/day by 10 days), this is nothing so why report it ---> Most likely because they'll miss their qty forecast

- IPCC: It doesn't matter that B2Y sells an 85% coking coal mix, people are irrational

- Stock Market: Wide spread sell off, could definitely trigger some short action on the small / micro caps / tech sectors

- Key Support: 30c has been well and truly broken, I'm not a chartist, but from my experience this could land anywhere based on the fact that B2Y will be cash flow negative next quarter...

Not a downramp and hope those that view this can just see the words for what they are... IMO short term outlook and news flows will continue to put some downward pressure on the SP... Happy to be proven wrong and will continue looking for an entry once they have a proven ability to produce at 1Mtpa.