excellent news that is bound to push sp higher, page-16

i was writing in short hand and assumed HC'ers got that ..
that being said the point in the end is the SP for us holders.
i think it would be remarkable and indeed unlikely that the sp will gallop to >20c ps on announcing decision to exercise option as a result of test drilling results etc...given general market jitters these days...but certainly if it breaks 10c ps [then moves 0.5c at a time] that is not a bad platform to do modest CR to fund acquisition and also to give ME the resources to hire best of breed managers for both Indo an Mongolian theatre of operations...then see it run to > 40cps for next CR by that time development process will be analogous with CKA [MC ~ AUD 300M] et al.