anyone noticed mark ii, page-3

I'm kinda with DULL on this. I've taken the average down approach. Occassionally someone seems to want to get set and it goes for a bit of a run and I've always taken the chance to bang a few out in the confident belief I'll be able to re-enter more cheaply. Over the last two years that has allowed me to average down from +30c to 19.5c. I now have a reasonable stake but am still (obviously) well under water. I think Aussinanis is a dud, Tumas will disappointing and the red sand resource looks interesting and and I like the fact that Langer Heinrich is up the road. So I can envisage a commercialisation strategy but they urgently, desperately need a management team that knows how to drive shareholder value rather than just fund a happy lifestyle kicking rocks in Namibia. In truth what really attracts me is the cash backing which I think will keep this stock alive until the next uptick in the uranium price. I'm still hopeful of making a decent return on this one but if it saw 20c in the short term, I reckon I'd be outa here in a flash. Agree with you on the options!!