leases will come through n the next few months, page-4

That was recorded on March 3rd at the PDAC2008 Mining Investment Show in Toronto Canada. So, that's already about 6 weeks since the change of new democratic govt.
It was a similar presentation as in Hollywood back in Feb 08, just more details and getting closer to target date.

"more than Double the gold production as soon as we get into those northern leases" plus much more s.a. tax incentives for companies and growth.

Don't forget they've been mining for more than 6 years and have been in Thailand since the 90's, trading at a third to a half of their peers atm due to the wait on extra northern leases.

Excellent relationship with govt of Thailand. Profitable, Money in the bank, just a matter of "when not if" they get the leases.

Stephen Promnitz and Ross Smyth-Kirk appeared very confident of their expansion in Thailand and indeed more concessions from the new govt.

BTW, you can't just walk into the office of a newly elected govt and say "sign here", it takes a month or so before they get their portfolios in order etc. Well guess what, it's time! Time to get that signature ;)

IMO
DYOR
;)