a.r.t.s

"Weird market at times but I guess it comes down to who is backing your stock is as far as your stock will go" RT

Hi rogues, fair comment that, but, today was probably going to be volatile as yesterday's news really was yesterday's news.

Why?

The recent a.r.t.s didnt contain anything much additional from that in the previously released full year statutory accounts (made public 1 October 2007). Both reports are almost identical WORD 4 WORD.

This includes the JV news and 'near term opportunities' that you're all discussing... GB as a holder of 12 million shares you should surely be aware of this... unless you're a punter operating on blind faith.

Even the title 'subsequent events' and para 16 are verbatim across both doc's. The only difference is the latest report has been tarted up a little format wise.

Nothing for the market to get excited about reporting wise. For the time being anyway...

So maybe we should be asking who is Medina Grp Ltd?

The ONLY new information that was of interest is to correct an obvious error from the f.y.s.a relating to the distribution of security holders. There are still no substantial shareholdings as of 16 October 2007 (no change from previous).

Thanks to HC disclosures this situation is now changed. Based on the a.r.t.s, God's Broker's 12 million shares place him second [READ no.2 of all holders] just behind ANZ Nominees holding a mere 14.9 million shares.

GB - if you can crack your 20 million as flagged you get the meat tray and carton of VB mids!

Regardless of the ST thread discussions and market machinations if we zoom forward a few years from now on I'll bet my bottom dollar that this one will be a goer.

There's an oily film in the tea leaves and, s**t, they're glowing like ET.

So much like the early HDR it's not funny. In fact it's potentially much better thanks to its China-Russia proximity, we have U and rising U demand and the HCs are onshore and lake barge accessible - not in deep water many kms offshore as in Mauri.