VolumeI don't see this volume as being "massive" at all considering that so far today only about $100,000 in shares have been traded and we have a market cap close to $40 million. In other words not even close to 1% has been traded yet.
Even with blue chip stocks there is often a spike in volume before a news release as rumours spread. In this case, people are gambling that the PPA is finally signed when they hear of any leaks about a pending news release. It may be worth a gamble at these pathetically low levels.
Also, if and when Prophecy simply demonstrates that it is really making money from current coal sales, there should be a modest rally anyway. But of course the real payoff is the PPA.