agm, page-18

Yes crackup I do still think the sp will be 3cps plus by Christmas.

If we go back just a few months the shareprice was over three cps when they had :
- no sale of stockpiles/old equip (no income at all!)
- only 60 % of vallenar
- Ya global leaning all over them
- No talk of j.v
- Asx asking if they can see how they can be viable in the near future.

I honestly think that after talking with J.A the j.v will happen after Christmas now , but it is still possible to eventuate in December. The 12 months was indicating that if it is to happen , it will have to happen in the next twelve months rather than it will take 12 months if that makes sense. December is still a possibility IMO.

Also remember what Ady paid for 60% of Vallenar?
Almost 10 times what they paid for the remaining 40 %. You do the maths.

Just a quick response to buddy. I am personally of the same opinion that bonus' should be spared for great achievements...are they there yet I'm not so sure. However, it's better they get shares than cash as I've stated before. I voted for the motion .It was shares or cash. Simple as that. Do they deserve it? Maybe , maybe not ,but either way it will act as a catalyst to motivate them.

All the best to you.

Budfoxx

Please DYOR )