Someones worked hard on that move up with some big heavy hitting...

Someones worked hard on that move up with some big heavy hitting buys and solid support in behind volume runs.

A couple of points to note.

The price of the issue isnt that far behind the current sp and anyone taking a part of the issue will want to see some decent upside and this is how it would have been marketed in the UK by Seymour Pierce possibly on the back of that new company report.

The other interesting thing about the issue is if these investors are going to see upside then just how do they expect to get it if Aim are about to do a large equity issue for the project at or around the current level.

Perhaps this is not the level at which the issue is to be done.Perhaps we will not see an issue at all.Probably extremely presumptuous assumptions but it has happened recently with other off-take deals where the off-taker participated in financing the project due to the zinc concentrate market being very competitive and off-takers having to give attractive deals to gain the off-take contract.

We can only hope and are at the mercy of the company management.It was forever thus for the little people of the investment community.

d.