Ann: Leigh Creek Energy Project Resource Upgrade, page-33

Plenty would be worried that the drop from the 40c peak today means the price overshot and if they want to take profits they better get in before everyone does the same thing. Many people don’t read or comprehend the content of announcements and just sell based on whatbthe price is doing. Add to that traders who accumulated in the lead up to the announcement and don’t care about holding long term and just want to get out whilst there is volume. If the price is going to keep going up we need to get through all these people and have new buys willing to pay more for the derisive resource to step up.