making good progress...key activity today, page-7

re: possible breakout... well with all the action happening at the moment i think the opposite, i think the company is gearing up to nail some good reports to the wall. The appointment of what seems a very good bloke to oversee the construction of the mill.

Plus last monday we had the very same amount of volume, sure there is some selling into it, where that is coming from could be anywhere. Long term holders, big insto's trying to depress until confirmation of BFS.

Though if it is the company who are they using to depress it, can't be NEFCO they haven't changed holdings. So it would be interesting to know.

Interesting to see that buyers although small were prepared to step up to 4.5c when needed, been patient enough they would've got in at 4.4c

Crow has a update later this week so we shall see, but if t4p chart has anything to say the oppies are on.


One question though, why not get the oppies in the money, use it to fund the mill, otherwise have to have placement or some other debt facililty.