I reckon it's pretty obvious - JG bought up big - and since 1.5c, his mates have been getting in and buying it up. This stock was valued at 70-oddc/share back when I first bought over 10yrs ago -since then there has been radical increase in reserves, we're JORC'd, and although there has been some share dillution, I reckon Value inground is around the 45-50c mark ( I haven't re-calc'd for a while). And we're drilling more pipes as we speak. And we own 25% of TEU.
Sure a few buyers are getting out now - 3X your money on 1.5c is attractive. I don't know anything about the Chinese, and quite frankly - I'm not concerned. Joe's not getting out. He wants a diamond mine. So do I.
I'm holding long term.
rgds
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