phone call about participation in SPP, page-10

I can't see value in the current offer when offset by the risk.

Need to see some results, agree China now a risk that needs to be factored in....

IMO would not surprise me to see continued pressure on the SP heading towards the close date of the SP offer.

We then will have a serious base at 20.5c with understandable profit taking on small margins unless some updates present and get the SP moving.

Risk high...!
Reward unknown...?

Agree the medium to long term looks good, but I think you could easily keep your money in your pocket and wait for the SP to head North before getting on the elevator.