Two weeks ago I had some mail from Martin Place, Sydney that all...

Two weeks ago I had some mail from Martin Place, Sydney that all will be revealed within 8 weeks, so that leaves 6 weeks from now. To play it safe add on another 4 weeks so that brings it out to 10 weeks, approx mid May 2010.

Mark Stevenson is in town and I am reliably told that announcements for ADD and RMG will be released while he is here. I have a sneaky feeling the 60/40 hasn't been finalised, the other party, which is IBD wants to commit but hasn't quite made up their mind (but that was a few weeks ago maybe they have by now), I am also told that ADD want to go this one alone because they can and it is a great acquisition, a company maker.

Regardless, the announcement/s have to be released soon, they can't sit on this forever.

There aren't many shares for sale ATM in both ADD and RMG but there aren't many buyers either. I suppose the recent selling at ADD may be due to the fact that focus has changed from u3o8 in SA to Coal in Indonesia and what appears to be a lack of progress. But they have been going flat out at Adavale.

I reckon lenzj010 might be right with an SP of about 20cents come June, providing all goes to plan. I noticed a seller sometime ago late last year, 1 million at 17 cents - it might happen, then really alot of the PKT supporters would only be square then, maybe still down.

But regardless, good luck, will happen one day hopefully soon.