Hi JoeWell to say that i was a tad dissapointed would be an...

Hi Joe

Well to say that i was a tad dissapointed would be an understatement. But then this is a spec stock with asperations of reaching great hights if they can do what no-one else has been able to do before.

These are the type of companies i enjoy investing in, and i am prepared to cop the good with the bad. One thing that is in the companys favour is that they now have money behind them, thanks to the capital raising, to hopefully progress their vision into a profitable venture.

I do hope that their last announcement was the last of the bad news to come. Things all depend on if they can actually stick to this time frame and deliver their first shipment before the end of the year. If they can, and the bottom hasn`t fallen out of the iron ore industry, then happy times will once again be upon us.

As i keep saying this is high risk but high reward stuff.

Regards The Tinhopper