Tas....I think I mentioned that this was a "best case scenario"...

Tas....

I think I mentioned that this was a "best case scenario" as most market sentiment had been driven by $$$$ signs and "multi million ounces" etc etc .. I was trying to put this into some sort of perspective .. and what you mention is all true ... I was coming from the other end of the scale .. that if everything went like clockwork would this become a $100 , $50 , $20 or whatever share and my conclusion was that in the best of all scenarios it would result in $1:20.

I initially went into this thinking that if everything came off then it had the potential to be a one off "retirment investment" but my analysis proved otherwise ... the points you mentioned are all valid and would further impact on the ability of AIM to bring this home ... however from the "spec short term investor" side of things looking at the time frame, hurdles and potential downside I too would would not buy in ... having said this if I was building a long term superannuation portfolio .. then if I could get in at 7c and the agreement went ahead in June then I would probably think 100K shares worth a long term spec punt.

Anyway thats my lot for now ... hope this helped some out that may have been looking to the stars...


Blackspot