G'day all,
I hold Batavia at an average price of 5.5c and like all have been pretty disappointment by the (apparent) lack of progress.
I have heard that they have just moved to a larger more expensive office so hopefully this means they anticipate growth (and not just trying to spend some of 10mill they have in the coffers)
The power situation also worried me inregards to mine development however evidently it is going to cost 10mil to put in the power lines which they have agreed on (if the project goes ahead).
I have been having a look at the options however they seem a little risky considering the will expire Jun07. I would be interested in peoples opinion of where they think the price will go over the next 4 months and whether options might be a decent punt?
cheers
coprs
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