You are right Tasmin ... there are still quite a few shares &...

You are right Tasmin ... there are still quite a few shares & optins in escrow ... so fully diluted she is at around $164mill

Interesting when you compare it to some of the other iron ore stocks around. Take FDL with a MC of $166mil, and they are only in conceptual stage with early exploration.

CXM have had a nice re-rating in recent weeks. Some consolidation for a few days where it has hit the previous high of 64 cents. So some resistance here. But that high was hit back in July 2007 ... we are much further advanced & developed, & the project is much closer to production now, so I dont feel this will pose any serious resistance in the medium term

For all they have going, and with the Chinese on board, I still maintain that CXM is an excellent buy at around these prices.

cheers