cash position, page-52

id be interested to hear what a few "reputable" brokers (i realise that sentence could be perceived as an oxymoron by some - lol) expect from JPR SP over the next 6-12/24months - i'm sure a few posters here would subscribe to various brokerage sites - please post their data if you wouldn't mind.

IMO, a reliance on oppy conversion is a dangerous game. Infact, i can remember all too clearly that insiders were dumping massive volume of oppies @ .008/.009 for months on end pre RI.

what some may not appreciate with the oppies is they were designed to be in the money based on a register PRE RI.
im not saying they will not get over the line, but i dare say there will be a bees dick in it.

i should disclose that i still hold a certain resentment to GG after i felt he deceived us investors with the RI - as per Rons earlier statement - GG made it very clear at the time that an RI was the least attractive of 3 options he had on the table (a - farm-in/b - cornerstone investor/c - RI)
My opinion is the SP would be closer to 20c if either "a" or "b" had occured and there would be no doubt about any oppy conversion.

anyway such is life, and i truly believe there is upside to the current SP, my only concern is it could be a rocky road getting there and hence timing your entries and exits will be extremely important (or not if you are happy to ride the wave as a LT investor)