Significant assets. Different management, page-6

You will also note everything started to go pear shaped in 2008. Like this never happened to a lot of other spec stocks right. Try and raise money then. They keep rebuilding the stock with another story where as a lot of these specs simply blow up completely. Even BBY has just blown up after 28 years and it was taken down by a mining spec in the end. We are going to see scores of companies leave the ASX over the next 12 months and a lot have tried to become tech stocks. You see this stuff every cycle, i can name 5 companies off my head writing this post and some have actually really done well. I have seen so many oil and gas explorers reborn, its a standard business process. The ASX is actually experiencing serious delays as there are so many companies wanting to relist, rebirth and change business direction. MUS was actually a couple of months late in its own relisting.
I am going to see what happens with the diamonds here, as i have seen very few diamond plays with this sort of real potential. The geology is fantastic and its very simply. The graphite is also very simply, so i figure they have the diamonds for nothing as a back stop and enough cash to prove up both projects. There is risk with everything, that is the n ature of what we do. These projects were good enough to raise approx $10m and attract some very good new management. I can't tell people to buy it, but only time will tell if this is the one that finally comes good. dyor