directors buy $1m on market 7m shares @ 15.5c, page-6

This is a strong sign that better news lies ahead in my opinion. I expect that the company may well be looking beyond their NZ projects. However, now that directors have disclosed their purchase their is likely to be a break before any significant news. But remember that they are in the best postion to assess whether their is value at current prices and they have certainly signalled to the market that they think there is. Quarterly within 10 days so maybe some more signs of what is to come in it.