marma & d88, agreed. EHR is a steal right now. Our flagship...

marma & d88, agreed. EHR is a steal right now. Our flagship project in Argentina is fully funded for stage 1 (30MW), although we do have to pay for the drilling of one hole. Stage 2 is almost fully funded (60MW). Offtake partners are lined up. Total funding = $174m. Forecast annual NPAT of $15m for a 30MW plant (p.18 of Investor Presentation 8/11/11). There is no doubt that our current market cap of ~$18m is ridiculously low!!

boppy, agreed. It does look like someone is exiting. There's only so much blame you can lay at La Jolla's feet. I know that the previous directors accepted shares in lieu of payment, so it is possible that they have been selling off too. Let's face it, they've been waiting a while to get paid so you could hardly blame them. Also, no doubt, there are those who cannot afford to wait (for various reasons). Could someone be shaking the tree?