republic gold limited enters non-binding sale , page-58

siamese, I am a trader, my entry is 0.2cents. So I am neutral, well i actually sold some that I got playing the match @ 0.1cents, at the only trade @ 0.4cents few days ago (thank you in house crossing system for 4 times my money)

The risk/reward shot up when the cash went from 9months projection to little over a month(when they produced the qtrly cashflow). I am happy to take a punt on something when the stock isnt going to go belly up in a month. 9 months vs 1 month of cash is a HUGE change in the risk/reward profile, hence my post. I was being as transparent as possible given the circumstances, hence why i apologised for my last post, when the dodgey cashflow projections came in 5 times what they were suppose to be.

I still cant figure out why management would be spending up so big given the cash level, unless they believe the project will be sold at a hefty profit.

Heres hoping for you long termers.