Other possibilities:1. - Do they do something with the Options -...

Other possibilities:
1. - Do they do something with the Options - these are way off the money 35c Nov08 at moment. If not now they will still have the headache later, especially if there is a cap. raise to dilute further. Re-reading prospectus there is a chance to re-organise/ re-schedule to perhaps bring forward the conversion. This is being done on a voluntary basis at moment on another Mo co. on my watchlist, RCH

2.) They are considering a JV for Cannindah and will sell 10/15/20% for capital injection that they can use as float for Wolfram working capital


With confirmed resource, & imminent starting, QOL may BE open up to a takeover offer as happened with AGM but with addded safety of a weak SP for the offeror. Anyone have thoughts on that?