Good morning all,There's NO blue sky here -yet.And very sorry to...

Good morning all,

There's NO blue sky here -yet.
And very sorry to differ, but Money is not there only problem. How about orders for starters, fuel costs would come a close second, isolated mine location comes third. Do you not realize just how much it costs to fly workers in and out andget bits to run a mine in a jungle?
There are a few other negatives like over gearing. The interest payments are going to crush the bottom line for a while yet. So, no BLUE SKY YET

Having said that, it was encouraging to note that Vic did take up his forty million shares as he indicated. And that no shares went to the underwriter Novus Capital, who probably would have dumped quite a lot seeing they would have gotten them even cheaper than we poor souls.

Has anyone noticed that the top twenty now hold 44% ? Getting more tightly held by a few believers, who are mainly Chinese..... Top 20 before held 29%, fewer small share holders.

interesting days ahead.