This is due a tick up, cant recall the last blue day, seems an eternity. As pointed out the chart is suggesting a bounce from these levels.
Typical with EME we will probably have to await the next positive RNS to see a 10p/15p daily rise which becomes the norm before the inevitable mark down again. IMO Sugarloaf will put an end to all that and thats not far off now surely.
Interesting the comment implying EME are intending to become more agressive in its projects. I recall that Dr Cross suggested 3 new projects in 12 months some 5 months back, could they have a blockbuster in mind together with fundraising I wonder?