Blokes, I hold lots of oppies too and I'm confident they will be profitable by 2012. But they jolly well should be, given the time frame involved. The fact that the best buying offer for the options is currently only 6 cents tells us that zzedzz is correct in identifying widespread concerns about this company's ability to address cash burn problems. We have had a constant flow of promises and some small contracts but the cash flow is lacking. Furthermore, the problem has been glossed over at meetings and in reports to shareholders. Like you, I continue to hold but that shouldn't stop us from demanding some clearly defined solutions to the cash flow problem.. Perhaps the short term answer is to unlock some equity in KSX but what else have they got in mind for the next 2 or 3 years?
MVH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held