games being played., page-8

Personally I don't bother with the games . You can't find out anything , it just confuses the issue IMO . What difference does it make ? If there is serious money it could easily be put direct into Advent or into BPH or GBA where the Advent shares are rated at just 50c . MMR and the MMRO have a nearly 100pc premium compared to the value of Advent shares .... Too much IMO for the tax break IMO . Of course all three are undervalued when you think about the massive upside . When Advent is revalued by their cap raise these three may even up a bit more . MMR will always attract a significant premium for it's large holding and PDF status . It seems likely , if you read and believe what the brokers are saying , that Advent are about to be rerated . If the raising is successful and over $1.00 per share is attained then the various SPs can flourish . It's anybody's guess as to what the price of these may be when the bit hits the seabed !

I spoke to a gentleman this morning in Darwin who is part of the team that moves the Ocean Patriot around . He told me the current drill is due to finish on the 15th and the next one will be finished around the 15th of Oct . He will be moving the rig to Sydney . As far as he was concerned there could not be any foreseen holdups , as everything for the organisation of the rig is in place . It looks to me like the approval process is being treated as a fait acclompi and we WILL have a late October start .

It could be prudent for MMR holders to remember MMR wants to sell off some of it's Advent shares to BPH for 50c to . A little strange when MMR holders are saying they are worth around a dollar ... and the brokers are busy trying to sell them for more than a dollar ! The golden opportunity is not necessarily with MMR .

Yes GAMES a plenty .