dingo, page-102

Hi Tas

U asked me to do a quick look mover this stock

You have MD resigns
Director shuffling all over the place

$1 mill in the bank

MC of about $11 mill

Selling off most of the assets

Lots of cap raisings

Lost $5 mill last year.

IPO listing in the next month or 2

Name change to Austral Africa Resources.

Honestly......the AIM listing wont do as much for the SP as some of you think imo.

This stock is 2c for good reason.

Need to get the smelters back up and running otherwise the SP wont be far off whre it is for a long time.

Give it 2 months and u may make some money yes....but I wouldnt be holding out for a big return.


cheers