Fluffy, you should dig a little deeper and you will see that the...

Fluffy, you should dig a little deeper and you will see that the vendor shares & perf shares are escrowed until feb 2010.

No "mining" the market from the vendors as they cant extract a cracker for months.

Tempting for those who paid 11c in the placement to extract a quick profit however there has been no evidence of pumping or propping the market to leak out placement stock. (besides no app 3b so the stock hasnt even been issued yet). The new MD stumped up himself for placement stock, lets see if he dumps lol. BTW have you seen his resume?

From what I can see this is buying, pure and simple. Ive got another scenario for you, what if the project is a cracker, with a value that could underpin the market cap despite the little cash the coy holds.

Food for thought...scoping study will tell us more. Retailers can decide for themselves whether to buy at 23c.