*** my # 1 gold pick..... !! ***, page-4

Hi nickoo, the only 'ifs' to the whole thing as I see it are -

1/ Sovereign risk - there is a dodgy parargraph in the Quarterly that looks as if it could allude to possible landholder issues plus inherent PNG instability.

2/ Managements past record which is truly appalling (a complete new board woul;d be a great start - they have eaten up millions of shareholders $'s with virtually nothing to show for it, and

3/ If there is any chance of litigation occurring it probably will (se point 2)

Other than that I agree with you completely. I wonder if Owen Hegarty would like a moonlight job?