Ann: Research Report, page-11

Here is my usual glass half full but worth considering. Ok some merit in the report but essentially more smoke, just like the recent anns. All of them of no real substance when Land Use Agreement and Fed approval and or finance needed. So why? To keep the SP up is the obvious reason and that is because imo a grab for cash is on the way. They need the money and they need the SP high enough to sustain the SP without crashing back down as often happens when a company with a low SP tries to raise money. And the CR will be a non renounceable rights issue as well, so pay up or suffer dilution. And why not wait until the Land Use Agreement at least is a done deal? A CR after that would be sensible? Because it is some way off, to even mention arbitration as the company has is a clear warning to the CLC to hurry up. Then we have the AliceSpringsNews story. That's my opinion, I could be wrong, other views welcome.