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Seems some are perhaps are little over invested here. This isn't a management team that dithers unnecessarily. The news will come when it comes (with an explanation no doubt) and the share price will respond accordingly.

It's technical traders selling at the top of the range. Many of them won't be up to speed with the status of the business but just trading the technicals. I suspect the next RNS will break us decisively through the range.

Agree with you all. BT has a trading background and understands risk/reward. The skew is firmly in favour of drilling the B1 prior to any JV.

Yes Cox but your comment was in relation to the share price reaction to today's news. You often criticise the 'rampers' but your posts are hardly a shining example of balance.

Cox it dropped 10% on 4 grands worth of shares. Not exactly a mass exodus. MM's dropping the bid as a reflection of market sentiment this week to protect themselves.

Positive update. Let's see what the new year brings as you say Keith.

Agree Bald, I've used this opportunity to add. The price has come off a long way on very low volume, an update on the drilling/testing will bring everyone back. As you say this is a company that gets on with it.

Highest green volume day since last September, certainly interesting timing..

Hopefully it's BT whilst he prepares tomorrow's RNS..

Yes, Canaccord increasing their position has given the market a signal.

Possibly bubble, it's declined on low volumes, it's not a mass exodus so possibly the mm's accumulating.

Encouraging results, looks well positioned here. Someone's picked up over 1m shares this morning, looks like another holdings RNS is on its way.

They obviously feel they can add value, interesting indeed.

I understand from some professional oil traders that China has been building its inventories whilst the price is subdued as they know their reopening is a massive price catalyst. The unrest may force their hand.

You could equally argue that all that is priced in Stan, therefore at this level this is the best opportunity to be in the share with the KCB prospect imminent.

We will see Quadrum. As I say the multiple 1m+ buys over the last few days suggests to me bigger players are entering the arena.

Continuation from Friday with the large trades being buys. Looks like an institution is building a stake and not particularly bothered about what they pay intraday. I expect a TR1 will follow shortly.

I don't enitrely disagree Stan and some of his decisions do seem to have shown a lack of experience which again we were aware of when we chose to hold/buy. What he does bring is persistance and energy which I certainly appreciate and I'm sure he's learnt a lot on the way. Nothing is guaranteed in this sector but I feel he will throw everything into achieving a successful outcome if there's one to be had.

So much is down to luck too in junior mining. Had the KSZ drill hit target the share price would have rocketed and funding/dilution would have been very different. Obviously no holder is pleased with how things have transpired but we also need to take responsibility for our decisions and possible outcomes speculating in this space.

Not at all. 8p could happen in very short order with that bowl formation as the path of least resistance.

The wick touched the new 6p support and off it goes. Textbook :)