nickd003 - your right the option was penned to be open ended - but the reality (according to Frank) is that GRAM want them to convert it as soon as possible - and to that end they are working on a deal
Wealth - this CDD deal alone could see the share price appreciate substantially - also any date set for the IPO would deliver growth because you won't buy shares in a company with possibly up to 15% in a 600 million tons a year smelter for 5 cents when there are less than 500,000 shares on issue
Your comments on the other projects are accurate and as I said before I would not expect any CR until they are able to lift the share price
If the JV with GRAM comes off on Copper Flats then the drilling of SJ is paid for
All in all - nothing appears to happening at the present time but this could change very quickly and have a real effect on the share price in a positive fashion
All just my ramblings though DYOR
Clyde
PS - Kori - do you have anything you could add
VAN Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held