ngalia highest grades, page-7

Any cash offer is cash only.The offer does not even have to be a 100% accceptance, but any shares the new owner gets will put them in a better position to continue at a later date.

Any offer will sterilise THX ability to make any major decisions or raise money by placements.

The thing that worries me at this present stage of exploration is that at the current SP they are in my mind very undervalued.

THX now need to go hammers and tongs at their copper targets and get the SP up, at present they are very vunerable.

The recent annoucement that Phil Crabb is retiring at the end of Sept will in my mind wave a flag that says to potential raiders, hey my shares could be available, but I am sure the price will not be anything near todays value.

Some will say I am getting carried away, but if you research Insitu Uranium mines in the world as I have, you will probably form the same opinion as I that THX are onto something.