Hi Malmoe,
I dont disagree cash is thin, but once we get title (due soon) i dont think it will be hard to get a JV with a "supermajor" or even another capital raising(which i would prefer), we do not have alot of share on issue ATM, there is room for another cap raising to prove up the resources in the ground.
Tell me, do you honestly think there is nothing in the Canning?, I for one believe there is alot down there and so do the supermajors, that is why there is interest from FMG, BRU etc, also dont forget there was BHP sniffing around which we have not heard any more about.
I think when its ready they will come.
As for brokers, I wouldnt trust them as far as I could kick them, last time I read up on brokers recommendations the shares they stated as a hold fell by $10.00 in 12 moinths, I will do my own research, that way nobody to blame but me and i am comfortable with that.
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