ohmygod,
I agree. In 12 months the sp would most likely be around 30 cents. Not a bad profit, 100 - 200% for 12 months. I rang the company yesterday. The company secretary was very coy when I asked him about the REDI grant, he just stuck to the facts. No doubt he is under pressure not to disclose too much info. If they get it, and I can't see why they won't, they will have the cash required to progress their project. Then a JV from a big company, not necessarily but most likely BHP, looking for some carbon credits would put them in a good financial position to exploit their resource. Buy and hold. Very cheap at these prices.
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