Hi Macadder,
thanks for your response.
re Prospect you may well be right. I made the assumption that the 3b on 01/12/09 was not in the picture and assumed that presentation data was as at 28/11/09 which if true would then support my hypothesis. Not that it really matters - the boat will float appropriately at some time in the future.
FYI Pretorius took 800k in the recent placement.
Cheers