mines and money, page-3

Nice report Thadius. You should not be criticised for being overly optimistic - it is only the timing of various stages that has been out ; not the ability of the company to achieve them. I don't think anyone truly doubts that the MLA will come through - if it is next week or 3 weeks on it doesn't really matter unless you are a trader. The MARP should take no more than 2 months, but if it is 3 so what ! The SP has suffered (past tense) severely from optimistic time estimates by management and there is no way it can fall any further. There seemes to be a bit of momentum growing now , maybe a result of the recent presentation. Still VERY good buying at these levels - the true value of the share based on expected $250m profit in the first 3 years of DSO production (and with enormous further reserves) has got to be over $5 !