mike turbott on boardroom radio..., page-7

Pommie

Think of the seller as doing us a favour.

When we clear 12c we can almost certainly say, assuming the continued improvement of fundamentals, that we will NEVER see these prices ever again. APG is forming its base price and everything from here on is the valuation.

I am very upbeat about a significant revaluation very soon and by end of this year significantly higher than today. I think that we can all look forward to a SP of somewhere between $0.2 and $1 before christmas, with the exact price to be determined by the vigour of BHP/ others.

Its all good. The plan is coming together. Risk is shedding away with everyday and value being built in its place. If this isn't reflecting in an immediate SP rise then that's our luck because we can continue to buy at these low prices.

GC