another placement ?, page-26

Abasafron12 and others explain to me how its going to go to 10mil or 4 - 5 cents a share - please do explain to me what / how the assets will be valued at that.

In 3 - 4 weeks we will know

the quarterly - we will see what has been produced at what cost, and how the water situation has affected it

We will have the extra 6 drill results from F East so everybody can make up their own mind over what thats worth

At a bare minimum its worth $10mil just on the open pittable resources from when they were selling a few years back and the office furniture

so come on guys - explain to me how you value this at 4c a share?

I agree that we are going to see a fall in price, but I think they have given themselves enough time to bring all the information to market and negotiate a good deal.

I still rate as a long term buy, maybe short term issues, but long term buy