management team off to philippines

I heard that the Hot Rock management team are heading over to the Phillipines today to meet with EDC. Things moving very quickly by the sounds of things - very positive indication that the agreement will be finalised in coming days. I would not be surprised to learn that EDC was buying up some HRL stock on market, although I have no clue if this is actually happening. The good thing is there will be no further requirement for HRL to raise further funds in the market in 2012 so the funding issue is now removed as a weight on the share price. Interesting to see how the share proce reacts to agreement being finalised.