indo projects, page-9

Lex,

Vic is just bored $hitless, that's all. He's trying to bait sunrise now because the guy has a different point of view...pretty petty stuff to be honest. The low volumes suggest to me that most LT investors are set, whilst the newcomers will be looked after via the large CR. APart from that, to be sure, there is no investor interest from Joe Public, but that is true of the entire speccy end of market.

CEO is moving forward - they gained an option over some propsective ground; they had good initial drill results on those tenements; they have now "done the deal" and secured the tenements from teh vendor; they have appointed Advisors and now have some expertise on board (Ren Capital) to help with the CR; and they happen to be in the right commodity.

All of this is positive.

Quite separately, we have a share price, that behaves of its own accord in the short term.

It is often folly to confuse the two.

I remember - for example - the doldrums Sandfire went through for a very long time - even though the news on its discoveries were well circulated. And then one day...quite suddenly it seemed...the market fell in love with the story and away she went. I have seen that happen a lot.

CEO is doing okay in terms of the big picture.

In terms of a trdaing stock - forget it. The true believers are set, and not selling.