Well Peter Rea said that there is a back log in the assay labs with about 20 companies waiting. He said they would get the results out to the market as soon as they were received and expected that in early 2007. Also I think we will see a gradual decline in the share price as the people who cannot afford to convert will now be trying to sell which will force down the option price as well as the fully paid price. Some good opportunities will arise in the next 5 weeks as people try to sell shares or options to cover their positions.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held