just a few issues, page-17

I agree, they could be looking at 4billion+ shares, but i purposely did an example on the lower edge so that i could not be accused of using inflated figures!!

As an example, say in 18months time they do indeed prove up the 200mt+, say at that stage they aquire the project and have 3billion shares on issue....now current share from of 2.5cents, over 18months in a high risk stock, i'd be looking for potential of 4+ multiples for me to buying in now, that would give a share 10cents. So at 3billion shares, at 10cents, market cap $300million for 200mt+.

Sorry guys, too much risk, for too little potential share appreciation for me.


my last post on this stock.

good luck. I hope a few have got the big picture view now.

cheers.