clairvoyants on opening price, page-2

Hi Proxylady,

I hope you sold on highs and bought back lower a few times in those years since 2005, or else no doubt you are even more bitterly disappointed than the rest of us.

I hate to say it but your rough guess as to possible relisting SP mirrors my own thoughts. I'd say most current holders will want to hold for something a little better than 2.5c, but unless the company can give some realistic hope of doing more than just monetizing some of the easily accessible ore for RMB's benefit then who will want to pay even that much for shares?

They have talked of possibly selling core assets, but even if they could use that to pay off all the debts there still wouldn't be much attraction in buying shares in a company that couldn't make a profit mining and processing base metals, assuming the AU$ prices stay low.

First and foremost I hope they get back on the board next Friday, which is probably a doubtful date, and secondly I hope they will have concocted some sort of arrangement that at least gives holders a chance to exit if they choose at a slightly better price than 2.5c. Mind you, any better and there may be a wild stampede at the gates!