buy the fact when it is better then the rumour, page-52

Blackgold,

I like reading posts which remind me of positives (and negatives) of my share trades, in your case the former. As you can't underestimate the value of a jv partner who is already established in PNG in terms of infrastructure, positioning etc that probably has been understated to date.

The fact it is Tailsman is HUGE.....you also have to understand the geopolitical risk in PNG is very low, so can't see any problems getting approval from PNG Government....

Others who have been on the ride way longer than me e.g. Ange, already realise this, but for latecomers like me and based on today's announcment have bought up big time (fact, not ramping).....are excited about the future....

But please if anyone can see flaws in the jv deal versus current share price than please speak up as always happy to accept i have got it wrong with new information that makes sense...if anything I would welcome some sensible well argued comments that support the current share price is fair or overvalued as I don't like to lose my money and always appreciate others views as no doubt will miss things that others pick up.....


So feel free to convince me to sell my holding.................


Cheers

Londoner