BIG 0.00% $2.22 big un limited

i hope will touch to 6 cent tomorrow, page-4

  1. 8,091 Posts.
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    Well brettdale the "hype" as you put it turned out to be true. They came about 3 times which is pretty good going really. And JK and the team have been to China to discuss things further.

    Obviously in the present market and world economic disorder the chances of regaining 26 cents level is a bit of a dream at the moment.

    There will need to be a lot of hard yards put in before we can even get back to 16 cents. It isn't impossible but it will take time and it will take a number of things falling into place.

    Now those things are probably still a few months away IMHO.

    First would be the successful completion of the investigation into the Tin joint venture. If that could be shown to be a goer and could be got up and running early next year then that would help support the share price and give it a bit of a lift.

    Second would be some further good news on the testing results front. If the next lot of test results from the FNQ projects could show up some good to very promising grades then that would be a positive. Not going to shift the share price much unless there is a plan announced to start production somewhere.

    Third would be some results from Whumbal West that show also a definite resource that could be developed in the future.

    Fourth would be moves on Amayapampa. That is more drill results and a new feasibility study and a plan to get under way. Amayapampa, IMHO, has the ability to provide the catalyst to push the share price back up over the 10 cent level to begin with and on the right trajectory for higher levels.

    So, if the global meltdown can be circumvented and 1,2,3,and 4 come to fruition then things could really pick up. Of course there is always the possibility of something else cropping up .... like Burraga and the Chinese
 
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