.30c Party !, page-43

ha ha , he’s not back. I just wanted to clear up some growing Chinese whispers about the recent price rise.
There are lots of things , as we all know, happening , but how long they will take is anyone’s guess. When a few of the more interesting things do transpire, I think we will see a very healthy re-rate....and there a quite a few that could click at any time. As we have seen in a couple slightly similar companies you don’t necessarily has to have sales to get a significant re-rate, but you do need confidence in management that they will get the commercialisation job done. That is a material change I see for next year
My own take is that if these Projects, for want of a better word, are a bit slower, for whatever reason (and for the most part they are out of FGRs control), the options expiry will play havoc with the share price mid next year if we are still around the 30-40c mark, just because there are so many and punters will sell to exercise etc. If we are much higher they won’t have nearly as much effect.
I wouldn’t be surprised if they need a little funding before then.
Overall we are still tracking nicely, although I agree, at times it’s being more of an annoying, frustrating plod.