i bet its more than 8c this time next year, page-28

A very messy and not all clear structure here...

But they do appear to be loking to pump the price.

Numerous placements has been flagged here for heads, options, and even convertible preference shares...but numbers of 8c and 10c have been indicated as preferred action levels, so clearly this is the goal range.

Whilst the share placements mention an alternative of 80% of the prevailing price, the options do not, suggesting this is their main goal.

My guess...they expect to announce the finalisation of the Fiji deal...this would indeed be a positive for the company...and should result in a significant price move, after which I would expect the placements to roll in...and the recent 6c issue to be in the money.

These things do not always work out of course, but it does appear that management has formulated such a strategy.

I bought a few last week for interest.

Thanks for the tip raks.

Cheers!