should announcement lead to repricing?, page-8

No vol today but intriguing to say the least with the bot running. 5 day VWAP rights issue by the end of 08/09? The current options expire on the 24/05. It's a perfect set up for it with so few shares on offer. Eventually, if they play the cards right, this could move off hard post issue. They definitely need a project to spark speculator interest - doubt this is it - not this one IMO. They may be under 1m in cash now. I'd have a 200m issue at 3/3.5c plus a free option at 5c and let it burn with the increased liquidity ala RAU in the last couple of years. They need a project though - now you have Tungsten, Uranium and the Ukraine - one more needed IMO, but may find it difficult to raise sufficient capital in the current macro climate.