It is strange no-ones mentioned it so here goes.I for one see...

It is strange no-ones mentioned it so here goes.

I for one see this as a sly message from the Directors that things are progressing regarding the londoloza deal. A more overt message from directors would be helpful however nonetheless I see this as a positive.

The 165m options will vest to Starvale (Starvale are the consultants who have put this deal together) upon any transaction entered into by GSF resulting from the services of Starvale (eg the londoloza deal). Therefore if the deal is done, Starvale get 115m options now and 50m in 3 months time. (165m total as per the appendix 3b announcement) - All of this is contained in the "notice of general meeting announcement dated 30 July 2007.

There is also plenty of incentive to progress the "advanced projects" mentioned in the 30 September 2007 announcement " Acquisition of Zambian Mineral Projects". LRC will recieve up to 370 mill GSF shares for a suitable project. I wouldnt worry about share dilution, Im sure the Directors will take this into account when assessing the potential advanced projects to be backed into our company.

These things take time, however Im sure we'll hear some news soon. In the meantime i consider the current sp action as a pre christmas sale, nice bargains to be had. Happy shopping.