General Discussion, page-1011

Your equations at the end of your post are spot on. In the immediate term it all turns on land access. But here's the thing. The longer the land access issue remains unresolved the more the SP falls so it wont be any solace if in the next 6 months the SP falls by a thousand cuts to around 1.5c only to recover back to 3c when land access is finally granted. Yippiee! And lets be clear this has implications for the long term holders just as much as for the short and medium term. ATM there's still some buying confidence confidence left in this stock but once that goes (because buyers have lost confidence that there'll be any drilling any time soon) it could take ages to win them back into the fold esp if after 6 months, access is finally announced and all it does is propel us back to this SP price point. Momentum is the key. Lose that and its a bugger to win back (DYOR).