Greetings Bungy, been away from desk for a while but never fear...

Greetings Bungy,
been away from desk for a while but never fear I still hold my UMC's.I tried to get some POZ's in the IPO as I use Bell Potter as my Broker but although there was the impression created that they were offering stock, in fact there was VERY little stock available to take up as it was all snavelled prior to offering.
None the less I took the plunge yesterday and picked up 50000 at around .57.Was watching for a week or so and decided that there is a coupler of people sitting on the bid and soaking up stock as it was offered and to me this is one good sign.
The resource(potential) of Phosphate seems to compare favorably to MAK's and being a follower of Jim Richards lets not ignore the Iron Ore potential either (rock chips anyone?)

looking fwd to your informed posts
regards Vivonne