rogerdat: "are you waiting for the next SI placement mljet?"I...

rogerdat: "are you waiting for the next SI placement mljet?"

I wouldn't say No rogerdat as long as there was an appropriate discount. I always thought Fausse Point offered great upside. That upside has been somewhat tempered now because of the dilution over the past 12 months. I remember I posted a possible target of 15c per share upon successful commercialisation of Fausse Point. That target price would no doubt be reduced now. Might do some back of envelope calcs tonight and come up with a revised target price on the basis of Fausse Point being successful.