A not sell out support group, page-7

Good plan,

I'm in.

I still am thinking of an earlier comment - how can I justify selling at 20-30 cents pre-auction when I know this will be worth 60c-$1.20+ in the next 6-12mths.

For those thinking of selling, the big question to ask yourself is what will the group do with all the free cash from this auction (anything over $6-7m will be free cash after OP ex for next 6mths).

My top 5:

1. The group are likely to increase % ownership of leases from 65% to 85% as in last research report;
2. The group will likely add another plant (doubling production);
3. Graphite feaso/JV;
4. Additional leases;
5. JORC for rubies.

This is too easy to hold, too hard to sell.

Cheers
Capt Amazing