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We issued 280 mill @ 1p to London investor/s last June. They will probably be hedging some of that on a triple bagger.

Hi Naylord. No easy explanation because S&R levels depend on which technical analysis you are using. Many use Fibonacci for example. In essence it is about what has happened historically. Usually an asset that sees a significant move will retrace to technical levels. It will backfill I.e. do a bit of profit taking before resumption of up move. Resistance is usually long term levels that have been difficult to break. The But once broken then the uptrend is confirmed and away we go to new levels. Look at the long term charts - years and you will see a pattern. GL.

Lot of talk about timing of news etc: IMO: This is a done deal re BPC/JV and importantly Govt. The �housekeeping� discussion a couple of months ago was the govt saying we are onside - get it done - we need the dosh. EIA will be approved sooner rather than later because it�s already approved behind closed doors and just waiting for usual politics to fizzle out re environmentalists/campaigners. Do not be caught short or out this is going big soon I.e. weeks! GLA.