NZC ta chart, page-60

From a psychological point of view we recently flushed out another round of retail similar to last year. So it will take some time to build confidence again from ASX investors. ASX funds will not touch DRC after the TGR fail - and they are vested in the rathouse Oz/Ca plays that have no hope, so their best hope is stirring up DRC fears. Those two examples give a pretty good understanding of the share price suppression/lag compared to Chinese led companies who view DRC risk more as opportunity. T20 holders like myself and a few other posters on here are pretty fully loaded - though I would step in again anything near the placement price. We are forming a base here between 25-30c. 28c was a resistance level prior to last up leg and is providing decent support here to make a move back through 30c (which was historically not a significant level). Just need buyers to return with confidence and not much for a quick re-rate upwards. Lots of catalysts in the coming weeks/months/years. I think everyone can agree NZC is sitting on a pile of very valuable rocks. 2 big risk hurdles to overcome - mining law reform and elections. The former is imo likely factored into the story/price already now. The later has show stopper potential. Again, I will take my lead from management, folks on the ground and the majors (Glencore/RandGold/Ivanhoe/China Molybdenum/Huayou).