If you draw a fib retracement from 0.6c to 3.5c on trading view....

If you draw a fib retracement from 0.6c to 3.5c on trading view. The support of 0.786 clearly held at 1.2c. I believe it may go to test 1.7c (the 0.618 retrace level). The announcement today was not material because there was no new information and was just to stop the speculation of delays.

A large concern for buyers is the large amount of volume that occurred around the 2c area and trapped many holders which means that people want it to increase to break-even or make a small profit.

A good point to raise is how the company here is a business generating profits and not needing to raise capital since it uses profit from sales operations to ramp up production. It's also nice to see diversification across 2 commodities that seem to be negatively correlated. (Oil and natural gas have been moving in opposite directions recently)