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  1. GeorgeRW
    412 Posts.
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    12/01/07
    22:01
    Post #: 2109234
    re: interesting thought Malcolm and UB.. you forgot the $10M placement that will occur with the consolidation. If its with a 'sophisicated' holder could make you figures even better.

    But also consider that AFTER consolidation thats another 11,000,000 shares to add to the kitty. Shame they havent got a JV partner that could have taken on half the costs of the drilling programme. At the current rate of spend $10M will last maybe 18 months.

    Amazed you forgot UB with all that research you do.
    EXT Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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