Expected Positive News Flow, page-204

Welcome back akro...


Well if the 404 only took the SP up about 8c the run of the mill finds wont make a blind bit of difference.

Drilling is only 'testing' where to establish priority digging - allow a year for any SP impact from that.

Gazetting is the next biggy.

If price stays over 35c up until end of April then LOMOB will be in the money for exercising so job done there by the BOD - no need to get SP up any higher than 35c...

Once LOMOB are exercised and 'gone' SP will fall back below 30c in the absence of any other big news.

All just my opinion of course, so I will probably be selling LOM and keeping LOMOA before that happens.