remember??09/04/08 09:16 (View) Back Post Reply Options: Post...

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magix66
Post #: 2739986
In Reply to msg: #2739904
IP: 202.7.xxx.xxx
Sentiment: LT Buy
Disclosure: Stock Held
Views: 827


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I think we are heading for a capital rising.

Conservative SP outlook from OE $2.39 (for "professional investors") now $1.16, SP drops on good announcements, accumulation of Top20's & Management going OS...

More cash = more money to spend on exploration...

Since 2. April we know officially of Railway East, 4 weeks earlier an elephant was spotted and now these 2 targets are 'earmarked' for drilling, wouldn't mind 2 more rigs up there...

Let's not forget the Bauxite tenements, drilling rig(s) required in the Kimberley when drilling starts/resumes within the next couple of weeks, weather permitting - watch for Announcements...

Management keen to get into production by late 2009...

Infrastructure costs???

My interpretation of the story so far - capital raising...