announcement now out, page-4

The Pirates of Penzance ... or was it somewhere else ... showing their true colours with a deal we cant refuse aaargh ???

Not their fault market and short sellers took it down hey? ... to levels where they can now save the day.

I have seen this so many times in past boom-bust cycles yet stayed in denial all along this time. Sincere apologies to all.

Valuation somewhere 22 - 28c hey? Who are these "valuers"?Mickey and Minnie Mouse? Why dont they use the 80c figure?
I mean the 110 megapivot would have been more palatable ... but then the "market" would have had to hold the 52 - 65 support zone intact ahead of it ... oh yeah, GT did buy some at that level didnt he.

And what happened to the 12 bucks fair value cited in Canada show and tell coupla years ago? Oh yeah, that was before the decision to not list on the TSX was made.

And what happened to Huntleys 78c fair value for the intended spin-off assets excluding the uranium ? Oh yeah, absorbed by the cosmic black hole, or is it megabear C's fault?

And what oh pray tell what happened to the Uranium after Mt Fitch was put on ice ? POU is selling at AUD 80+/lb atm aint it?

We can say anything we like but sp never had to fall below 52 - 65 pivot if "the market" really wanted ... I'm speculating of course.

Thats the way the game is played in times as these. Who is looking at the half glass full version atm? Well if no-one else, GT and HNC certainly are.

Tho gotta say, they ARE assuming the global macros will turn out from long term deflationary to short term inflationary. Maybe Helicopter Ben is also in on this deal haha? HNC must have already indicated their longer term confidence (?)

This is what the MATRIX is all about and the only way u can BEGIN to understand it let alone see thru it is if u have survived at least 3 or 4 big bear markets and are still playing the game ... tho u gotta be whacked hard and harder still each time before u get cold and objective about it all.

OK so what next? SP wont go anywhere in a hurry til shareholders have given the carte blanche methinks. So back to the fishing hole for now.

Love GT's begging us to come to the EGM bit ... classic haha. Who knows, we might even be impressed with the new song and dance. Hope someone reminds him we were nigh on 3 bucks at the AGM few months ago. Love to hear how the CMR macro story has changed so much since to warrant a 95% sp fall. Love to hear the Mickey's and Minnie's version of that too.

Bottomline tho, prefer GT moving his ass to the front line than not. He needs some real Olympian lieutenants tho and wouldnt be surprised if HNC added one of theirs after this.

And then who knows what next ... thats another story out of my fertile mind depending on this outcome ... which looks a done deal anyway if we wanna hang around for the next AGM.

The proposed dilution rally doesnt matter if sulphides, uranium and all the other stuff still go ahead whenever ...
but does this mean our survival is now guaranteed irrespective ... or is that subject to further dilution likely ahead and this serving is only an entree ??? Thats the billion dollar question .......

Plenty to talk about at the EGM no doubt.

Only debating with myself here out aloud ... hope no-one is paying any notice ...

Its all IMBO and imagination OC. Dont forget Im only a lunatic who believes in cosmic smoke on a lunar and solar cycle basis anyway.

Yep ... above and all other ramblings are only a figment of my imagination and wild speculation hahahehehoho.

Back to my seeking new golden and radiant future Olympians with KISS macros for now until clarity of vision and guidance is given us ... but what about the credibility from here on ???