I continue to accumulate the falling U-daggers in probe core quantums toward personal holding targets and at ready to double up with traders at the techno reversal confirmations hopefully some time by H2 next year.
Nothing changes, been waiting for this for a long time.
I subscribe to Grigor's supply shortage squeeze window of opportunity 2 - 4 years out and ahead of BHP's proposed Olympic Dam expansion circa 2013 (and bound to be further delayed).... and coupled with personal GORM expectations inc for AUD, wouldnt surprise me to see POU hit AUD 300+ / lb in that timeframe ..... hence my personal U-flotilla accumulation MO ongoing and why I would prefer to see CNN prepare to ride such from a relatively no-risk cash backing base if it stayed pure U.
So I still believe CNN should be set-up as a pure U-company but cos of what appears to be the short term needs of some outweighing the longer term needs of the many (Spock, circa 2350 AD haha), other stuff is happening first and we will need to wait a bit to see whats what with the U.
I dont know anything about Biograde but rely on PV's judgment it will be mutually beneficial to all. Just a bit anti the heaps of paper it will cause tho.
On the other hand, I am a water treatment engineer and recently had a closer squizz at Aquenox technology and was impressed cos it conjured up stuff I wanted to do 20 years ago but couldnt do it in a single step like this technology seems to be able to do.
PV needs to capitalise this and get it listed asap and then fun and games can begin with a little inventive imagination ..... the global potential is even more impressive than the technology which is impressive enough IMO. And I dont mean in the existing small time stuff they have necessarily focused on meantime to stay alive.
And of course its in CNN's best interests to have its loan equitised as a substantial holding of another listed company.
Lets see what PV can conjure up in current difficult market macros. Might have to roll up to the AGM to catch the body language. So much potential here ... needs some mojo.
IMBOOC
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