This one floated around 3 years ago and nothing appears to have really happened.
$3m in cash, only 30m shares on issue and 29m options expiring in September 2012 at 20c.
Options were very cheap at 4c imo and I have bought some in recent days.
If they ever vend in a decent project this could run hard as directors hold a fair number of shares and there really aren't many out there.
This one floated around 3 years ago and nothing appears to have...
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