the end, page-17

Xray, my estimate is that they have already sold a bit more and there are about another 7 million shares to go.

These can go in a flash!

If there is a winning project out there, then they just need to keep their heads down, raise the money at these low levels and bring the project(s) to a feasability stage ASAP.

The price will then bounce to a decent level.


The problem with the company is that everyone has lost faith in them as its been all talk, lots of excuses and no results. If there is a winning project out there, let's bring it in and let nothing hold it back as too many things have held things back in the past. They need to regain credibility with the market for all our sakes.


Possibly in fairness to the existing shareholders whose shareholdings are being diluted they should raise a big chunk of money now at these low levels by means of a rights offer to existing shareholders.

Then they must give it stick and fire up the projects!!

I think we could be smiling by year end!

This won't happen if Blythefan is right about the skill set of the management team, but lets hope he is wong

DYOR