summary of discussions with ceo

where do I start?
I've been a long term investor in both Gondwana resources and Flinders Mining and after talking again to the ceo, I remain confident in where Gondwana is heading.
I just did a post on the MNM threads a few minutes ago which GDA followers might be interested in so I have copied an extract from it that summarises some of my philosophy as to why I like certain stocks like GDA and MNM.

........"I do a lot of research and talk to a lot of people prior to making the decision to invest in a company and Mantle is up there with my other stock picks which are Maximus (MXR), Flinders (FDL) and Gondwana (GDA). I only invest in companies that my research tells me are very much under valued compared to their tenements, market capitalisation and resource potential. I either speak to senior management or other people with field experience and ask a lot of questions."......

Gondwana has an interesting future with the emergence of knowledge about it's multiple resource targets in W.A.
There are now three potential iron-ore projects emerging being Wallal Downs in the northern Pilbara ( East of Port Hedland), Corunna Downs in the Eastern Pilbara( a new one to me) and the jv with Cazaly in the Parker Range( West of Kalgoorlie).
These alone are of sufficient potential for me to invest in the Company.
There are many more tenements that Gondwana have but one of the things I discussed with Warren (the ceo , Warren Beckwith), was the need to better articulate information about the many tenements they have is through the new website which is about to be upgraded. I suggested we need to have maps of each of the tenements including google map satellite imagery as well as the inclusion of any geothermal or gravity images they have.
I talked with him about the need to identify for example, what the Coongan tenements area is and that the shareholders need too have explained things like what the 8SB means ( it means 8 standard blocks within the tenement boundaries, a tenement can have up to a maximum of 20 standard blocks within a tenement). The next obvious question was how big is a standard block?.
I asked about releasing information to the market in bight size chunks rather than putting it all in one release, even if the info is not market sensitive , from a shareholder point of view, I think the information is easier to digest as project specific news. The asx only has a 10 minute pre open and it usually takes about 3 minutes to open and down load the info, a further 5 minutes to read the release which could have information on about 5 projects which leaves no time to think about the information and then the stock commences trading again.
One of the things I discussed with Warren was the Cazaly announcement within the GDA quarterly which had a CAZ statement about GDA alliance with SBM. I and I expect a lot of other GDA shareholders thought this was about GDA but it's not, it's a CAZ comment. As far as interpretation goes, the Mt Caudan Iron Ore Project commentary was in fact a copy of the CAZ announcement and I think it should have been more clearly identified as such as it is CAZ that is seeking clarification, not GDA ( I initially thought it might have been GDA). GDA in fact have a very good position in relation to the SBM /GDA alliance. More to be announced about this later in the year :)
I asked Warren about the sampling just collected at Corunna Downs and will do a separate post on this exciting project during the day.
I also requested a list of the option holders which he has taken on board.
I also asked questions about the placement eligibility dates for conversion of options to qualify for the bonus shares and free attaching options post consolidation which he said will occur ( subject to the vote) after the agm and allow option shareholders one to two weeks to convert their options to be on the books in time to get the bonus shares and free options. This is great from an option holders point of view as we will be converting options during the post consolidation period.
I suggested that there needs to be plenty of notice, plenty of publicity and plenty of knowledge of who, when , where and how these option conversions are done so that people new to the share market have every chance to take advantage of the benefits of an early conversion. I get a lot of comments from people who just don't understand the whole options conversion process.
On the subject of the placement, this can occur at some time after the agm at a time where it takes advantage of the market price and demand for shares which means to me that there could be more funds raised from the placement than I first thought.
Lot's of other projects to talk about at Gondwana but I need to get an hours sleep before the walk on the beach.
see you all during the day, cheers Fatstocks.