Ann: Exploration Update , page-4

Leo, I'd be extremely interested in hearing your reasoning behind it being 'way undervalued' and should be '15c' ??

They've had mediochre assay results, announced 'flagship' POTENTIAL, continuing to get permits - 'licence to drill', etc, etc..
Low (ish) cashburn is in their favour which should keep them funded for the best part of 12mths.

So really, in my opinion, they're not undervalued at all because they've got nothing to get excited about.
This is reflected in the shareprice, on top of which, investors have much richer pickings elsewhere.

I stand by it being a longterm hold because of where their licences are but, nah, can't see 15c anytimme soon at all.

Even the Market Makers don't want to expose themselves to it with this 3.1c/7c spread!!
Buy a grand's worth and see your $1,000 turn into $442 straightaway!! Thanks very much but I decline...

So, please explain the 15c - cheers