I'm kinda with DULL on this. I've taken the average down...

I'm kinda with DULL on this. I've taken the average down approach. Occassionally someone seems to want to get set and it goes for a bit of a run and I've always taken the chance to bang a few out in the confident belief I'll be able to re-enter more cheaply. Over the last two years that has allowed me to average down from +30c to 19.5c. I now have a reasonable stake but am still (obviously) well under water. I think Aussinanis is a dud, Tumas will disappointing and the red sand resource looks interesting and and I like the fact that Langer Heinrich is up the road. So I can envisage a commercialisation strategy but they urgently, desperately need a management team that knows how to drive shareholder value rather than just fund a happy lifestyle kicking rocks in Namibia. In truth what really attracts me is the cash backing which I think will keep this stock alive until the next uptick in the uranium price. I'm still hopeful of making a decent return on this one but if it saw 20c in the short term, I reckon I'd be outa here in a flash. Agree with you on the options!!