this is VERY VERY INTERESTING:
* In the Quarterly issued 30/04/2009:
- Estimated cash outflow for next quarter: $0 for Development. (Page 12)
* In the Quarterly issued 16/07/2009:
- Estimated cash outflow for next quarter: $0 for Development. (Page 11)
* In the RECENT Quarterly issued 29/10/2009:
- Estimated cash outflow for next quarter: $150,000 for Development. (Page 11)
Therefore, it means that management have predicted a spending of $150k of DEVELOPMENTS in the CURRENT QUARTER, which means actual INITIATION OF SOME PROJECT WITHIN THE CURRENT QUARTER!!!!!!!
Not only that I think we have a winner, I think we are a bargain at these price levels!!!
I hold...DYOR.
cheers,
this is VERY VERY INTERESTING:* In the Quarterly issued...
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| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 410000 | 4 |
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