hydromining and options

All it takes is for a bit of good news and up goes the price. Can you believe it is so close to 95.5c which is when the options are "in the money"(NZ$1.25 = A$0.955) - and the price of the options goes DOWN?

I think the best part of the ann was "seeing coal flowing from the mine in increasing volumes" - they may as well have said "seeing the money flowing in, in increasing volumes" !!

A pretty smart move on management's part to put up the bonus if they reach the 1,000ton production - because the the sale of the 1K ton of coal would practically pay for the bonuses.... ... a win-win move.

I believe we have turned the corner, and once the money starts flowing like the coal, we will all be wishing we bought more at these low prices!