About all can do is speculate - wouldn't matter how much faith one has or doesn't - just nobody knows until the announcement. Hoping for the best but having been through more than one of these CRs the money would be on a sp drop. Doesn't really matter as to ones sentiment and hopes, rather the common way on the asx is for prices to drop on CRs. It wouldn't really matter if all the money raised was earmarked for a 100% winner (not referring to obl here), the down under market would just do what it does which us to focus on short term ups and downs. Hoping that management manage to work through everything - for spec explorers the road is rough and moreso for the punters. Wonder how long it will take for foreign companies to end up plundering the explorer and small cap sector considering the local govt doesn't appear to give much concern to home grown industry. So lets wait for whatever rabbit Neil pulls out of the hat and hope the whether the price goes down or up, don't end up giving too much of the farm away.
OBL Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
