AGM 28Nov - Feedback, page-38

With the likely further delays (CLC, EIS, ML, 2 x finance, FID) I cannot see the June 2018 oppie money coming in. In fact I am staggered at the current +5c buyers when the heads are 13.5/14c. They are expecting the heads share price to be at least 25c in 7 months just to break even (seems to get whacked back down almost every time it hits 16-18c; has only briefly spiked to 25c once in past 3 years). So an unlikely 80% rise in the heads price over next 7 months will not see them make a brass razoo. Heads are the way to go, but you will need a long-term view.