Ann: Company Update as Pilot Plant Commences , page-6

I am suprised as well that the OBs have not run ahead stronger.

Lovely leverage which still sits at almost the maximum possible multiplier at current prices.

I was quite happy to load up on the OBs today, I sent some cash to my broker to buy one last lot of MNM but they are in a trading halt and next on my buy list was PRWOB.

The OBs should now run 1 for 1 with the heads but of course if the heads start moving fast then the leverage available should give the OBs a short term leverage premium especially while the heads are in the 7c - 12c range.

Short term a couple of bags at least should be possible in OB land.

EB