This is one of the long lead time pieces of machinery that MF ordered in 2005/06. If he had waited until early 2007 to order it we'd be waiting until some stage in 2009 before it turned up. All in all, this reflects a bit of effective management. Still ... it's not on site yet.
Was interesting to listen to that interview with MF on the AIM website. Things are moving along ... I got the impression that Perkoa is in MF mind pretty much a done deal and his mind is moving onto other slightly more exciting things ... Perkoa when all is said and done is the company's bread and butter and even with drilling results it is nt exactly exciting ....
I think the number of shares on issue will be a major factor on the price moving forward substantially .... until these are either consolitated or absorbed by a major shareholder to reduce liquidity in the market it will be fairly slow going.
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