Ann: Placement , Share Purchase Plan and Underwri, page-87

re: Ann: Placement , Share Purchase Plan and ... Hi All,

What i find intersting is that even with the placement at 8c the SP still managed to close at 7.4c

Besides Klob&Co (who also makes some valid points sometimes) the majority of the sentiment about this stock and especially the sort of research done by Wescott is very positive. There is also the the soon to be announced JV partner and further drilling reports down the track which from all accounts should also be positive.

In light of this there must be something the market is just not comfortable with at this stage to continue the downward pressure on the SP.....

Wonder if we are ging to break into the 6's today.