Well if you refer to the last annual report for 2004 realised a...

Well if you refer to the last annual report for 2004 realised a few weeks back they have stated that they could resolve the issue by the end of 4Q 04 which means if they do the news would be annouced by 31 dec 2004 - it gives us another 6 weeks to see if they come good - i personally have no idea but if they fail to make progress by 1 Jan 05 im cutting my losses on this one - looking back at the price chart even with dilution since 2001 if they are successful in getting india back it could push them to around 8-10c a share.

Indonesia is the other big one - pungket has had some bananza results in terms of gold drills to date - they just raised another 700k at 1.8c ( i didnt like that one bit) but its 2.8c now so im not complaining. With that money apparently they are doing some drilling work - if those results are good it could go up more.

Then of course there is the mulgabbie gold prospect near kagollie according to the Annual report the JV partner will spend $100k in doing some diamond drilling on "ore shoots" late this year if they yeild more than 500,000 ounces of provable gold reserves oropa has to pay some 3 times as much ($300k i assume and it can also assume a larger slice of the pie)

So all in all they could come good - but there has been nothing on the india d-7 *not a good sign* they might be waiting for the AGM on Nov 29 to annouce something if they have good news or perhaps some other delays or something - i dont really know im just going off what the annual report says and i have that next to me at present.