another tease from david breeze, page-13

Cuppa, that's not the point though. The current market had MMR valued at 60c. What effect would a 1:10 at 50c have on todays stock price? Well, it should drop by about 1.6c right?

With regard to the timing, well that's a different matter. If they actually need the money for the drilling then when else are you going to raise the money?

Littlefella, it's a 10% gain on 10% of your holding so it's a 1% gain. So your thought the stock would go up nearly 10% needs some revision.