But then Dave seems to be pretty good at working these insto's...

But then Dave seems to be pretty good at working these insto's and MM's. Like he said in that interview he enjoys the chase. Staley in the UK wouldn't hurt the industry networking either.

And one has to think of the CHUNK of shares they have on issue and would they have been able to raise what they did without the UK at 1c ?

Ideally it would have been great if they were able to do all this stuff at a much higher sp and limit dilution, but with the Tangiers debacle his traction with the investor/insto/funds wouldnt have been great at the time. Factor in a rubbish energy sector due to the poo and there you have it, he would have almost certainly had to go to another market to get the cash to get them to Ice 1 imho.

It is what it is now. But that doesn't help the decentralized nature of the trading and the huge effort that would have to go into rallying these markets at the same time when pushing for shareholder value.

They are simply lucky this play just has, what appears to be, so much leverage its almost insane. As Basinski did in the Eagle Ford its looking good for a repeat on THE SLOPE we hope !!!

d.