Redmoor is the only news flow in the short to medium term. If...

Redmoor is the only news flow in the short to medium term. If that is negative then it may head back to 0.5c

Management seem to have stopped the search for an advanced project so I suspect that has contributed to the fall also given they were making noise about an advanced gold acquisition on the way up to 4c (maybe this is what got the raising away at 2c).

Either way the decision to spend more on Lochinvar (and the attempt to raise money to do so) has done the most damage it seems