Ann: Pipeline Connection To Regional Sales Networks Approved, page-11

yep, it would be easy to get angry about the buying out of the TSV/TMK unlisted guys at what now looks a ludicrous price. Remember Argonaut (the sponsoring broker for TSV when it was listed) selling CE1 every single day once those gifted shares were tradeable, 100 million shares, now they can buy back again at zero valuation, which is what the acres were always worth..... Actually I get the feeling WA inc maybe has bought back in at 1 cent...smells....., but if Tribeca etc is unprepared to take it any further, then that's that........

No poor timing, bad luck and then botched execution (cost over runs) is mainly to blame.

The vehicle is now firmly in the hands of WA inc and is trading at shell for all intents and purposes. We would be in receivership if not for Whiddon putting his hands into his own pockets at 1.8 cents. Safe to assume a share consolidation, raising, and new backdoor asset is the only way forward, they need to get the share price back towards 3 cents unconsolidated to make anyone even remotely good.

I'm guessing maybe a US fund was the aggressive seller this week, given they have a Dec financial year end and they were using Citi. Clearing the books of an embarrassment before the new year starts, so probably not a bad idea to buy a few 0.6/0.7 cents in my view