bottom picking....ouch.

Like all other holders, disappointed it hasn't held value above 10c...And unlike a few months ago when we were picking the top (remember then lol ) it is now time to pick the bottom.... very simplistic view of things - SP approx 5c before deal.....news of 1 billion tonnes got it up to about 21c before announcement.....therefore 16c difference.... palmer announcement...there goes 73% of that value and the backing of institutions....73% of 16c rise = 3.68c..... combine that with 5c = SP 8.68c..... now tech people in the know will laugh but hey we are all clutching straws now!!!!! lol... will be amazing value once it starts to turn. And will turn and palmer will deliver but for only 1bil tonnes too much of the pie has been eaten at this stage... will be a very interesting AGM....I expect a slight insight to the grand plan for the co... I would think the Chinese and Indians are falling over themselves to lock this deposit down... just takes time.... look out once the details of the buyers and finance is announced.......will be a v. intersting couple of months.... come on people who will be the bottom picker of 2006/7.