Yes I like the management team and the prospects they have too. Furthermore any listing they do on the ASX in future would have to be at 20c. I have no idea whether an unlisted company could do a share consolidation (I guess they could), but there is also the possibility that we are getting in on the ground floor @ 5c, and a future listing would be @ 20c, thus increasing the value of our holding isn't there?...
In any case I am willing to take a risk and will be applying for extra shares.
JAC
jacana minerals limited
Ann: ASX BookBuild Open Date Deferred, page-9
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