On another point re JPP - do we really need it?
If you go back over past presentations we have another option of having a floater in Kings Sound.
I have said previously these Major entities have the expertise to do it all.
You only have to look at what they do in other countries to see that here would be a walk in the park.
There are options but that's not our problem. If the Majors are coming to us then all our boys have to do is secure the best deal that maximises our full potential long term.
That may be an alliance, j/v, or indeed a T/O but with more than 50% of stock held by long term shareholders I sure most wouldn't even consider a T/O under .20 when you look at the WHOLE package, Gippsland included, which by the way was stated to be our most valuable asset in the opinion of a geologist I was sitting next to at a presentation in Melb.
Yes we are suffering some short term pain atm but daytrading is not for this stock or many atm but position trading certainly is.
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