BANDA reserve estimates, page-6

Yes, the warrants are very dangerous and basically an all or nothin bet.. I am having a bit of a punt with them but they account for a small percentage of my total Capital Investment.. Most of my FPO's have a Capital Gains Tax discount entitlement on their sale since I have been holding for more than 1-year.. I cant see myself getting rid of these until the inevitable takeover play, in this event it almost always pays to hold until the death.. I have seen this all before a few years ago with Cultus Petroleum and more recently with Normandy Mining, nice little spinners they were.

Regards