re: Ann: Drilling Commences Curnamona SA Iro... I am a trader...

re: Ann: Drilling Commences Curnamona SA Iro... I am a trader ramping for a quick buck!

Your divi was 5c.

The stock high was $3.15 at the time Sino paid $40 million for 60% of the curnamona leases.

There were about 40 mil shares on issue at the time so some dropkick paid $126 million to get a piece of that action, your slightly smarter you only paid $108 million.

What I think happened is you were enjoying the cool-ade like we all were in 2007.

If you EVER want to see your $2.70 again, you best hope Im right, you have about a 30% chance, that's about how many I get right.

In reality I rate this a 1% chance, were basically looking for a couple of billion dollars lying on the ground just waiting to be loaded on a truck, sounds to good to be true to me but it does happen from time to time.

Nice thing to know is were what some call anti fragile here, it means we have very limited downside and massive upside, this is the situation fortunes are made from.