give me confidence, page-27

Yeah well I'll respect sonu69's opinion when he explicates what he says are the 'facts', and convinces me that he's in good faith. I'm not in suspense over that.

Meanwhile I'm glad to see others are mystified and annoyed by the jargon laden announcements too. A lot of geos speak as if they are only addressing other geos, or mining engineers or whatever, when they do their announcements amd presentations. Even the boardroom radio item was uncompromisingly technical. This is very poor communication.

Has anyone covered the role that the substance of the Appendix 3B announcements might be playing in the price decline? It only occurred to me today that the option exercisers are probably selling the ordinary shares to fund the conversion of the HEGOs at 15c exercise price.

I decided to ignore what I saw as a head and shoulders topping pattern, and began buying the ordinaries at 30c as the neckline break in the pattern at 28c started looking stale. Have bought a few more small parcels down to today where I got 20,000 more @ 21c. Could be more downside if selling the HEGs to convert the HEGOs is correct, and if the head & shoulders pattern is valid.