For sure Gosh...I had thought of that too, but not included in...

For sure Gosh...

I had thought of that too, but not included in the above, as that is very much an "on success" option, or will be sold to cheap?


But to include it:

JV = lost percentage in the prospect.
If we JV'ed 50%, with our shares on issue, that still equates to the same as a dilution does it not?

I know everyone is looking (hoping) at the maximum successful strike recommendation price....

So now 1/2 that: 6 cents goes to 3 cents (on 50/50 JV)

Then realistically (hope for) 50% of the possible strike potential...3 cents is now 1.5 cents.

Take into account risk/time/delays/problems/red tape etc
1.5 cents is probably now 0.0075

Being we are sitting on 0.004/0.005 I really cant see much upside...right now.

Jesus, I'm talking myself out of it...LOL.

Kiril,
I am a suspicious bugger...is it what it is, or is it others see things my way at the moment :) ?

Birdman:
Who is looking, can you elaborate. Again, always suspicious when you see posts stating "the big end of town is looking at Quest" - with no supporting info :)

Its all about making the right call today......either way, I see today as a catalyst....bit which way :)

Up - Ill be happy with what I have
Down - Will probably buy more