General Discussion Topics, page-31199

Short answer. NO , I don't reckon the SOI will effect where the SP is likely to go. And whether the SP ebbs and flows , jumps ahead , falls behind , or catches up at some point is irrelevant to what is really unfolding with this Company in my opinion. My price targets still stand based on my earlier NPV's.....with the question only remaining as to when ......no if. A stock can move 40 ,50 ,60 or 70% in one day mate .....so does it really matter as to when.

The Company has some ' stuff ' to sort out , and that is why the Market is trading it with reservation and pause until it can figure out what exactly it all means. And obviously $22 million COH is not going to go very far based on last quarters operations and exploration needs.

5 quarters I believe , so there has to be something resolved here with respects to longer term funding . And that is pretty much obvious .....and a much more significant issue than just SOI. If they can get the SP up from here , the SOI problem somewhat dissipates and disappears as the SP rises. If the SP gets to 25 or 30 cents , a 100 million new shares equates to $25 or $30 million......so no big issue. They also have near enough $8.5 million of yet to be converted Options.

So working capital should not be the problem going forward if they can get the SP moving upwards. And they must have confidence that this can be achieved.