re: Ann: Exciting Drilling Results continue f... I couldn't agree more butchy. I think your second figure is closer to the mark. All the negative talk about the Top 20 & Mr Stokes being detrimental to the shareprice is wrong in my mind, what it says is that the free float is tight & that means available shares attract a 'premium'. Mr Stokes didn't get from ordinary working guy to billionare without knowing the true price of an asset & we're no where near it now. We should be pleased it is still 'undiscovered' thus giving us believers an extended chance to accumulate. Given the prospective significant resource upgrade, improved sentiment in the US & Europe, a Govt that doesn't know what to do re MRRT therefore delayed inperpetuity, China surging ahead (view the Chinese President's address to the UN today), once IOH appears (as it will shortly) on the radars of fund managers due to the significant resource base this thing will jump & jump quickly.
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Ann: Exciting Drilling Results continue from Bung, page-33
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