The only thing I can think of is that they got a sniff that first lot of drilling results are dusters so its a short term short trade... Even with stage 1 production (which is clearly happening) the market cap should be far higher than here without any resource upgrade.
Bad drilling results could induce some selling though which is the only short play I can see here... And ill continue to be buying.
NZC Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
