soon enough there's prob going to be a free hit on POZ too. the...

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    soon enough there's prob going to be a free hit on POZ too.

    the appeal is a few things
    - Richards experience
    - locked up register; nearly 30% owned by Richards and James
    - key project; Musgrave E69, (yes another musgrave province, nebo-babel / Thompson nickel belt association type story. no, not claiming rock chips or Nova look a like) but...
    - E69 is a new Anglo JV.
    - the April-12 spike was the jv news
    - last qtr Anglo completed em surveys and early target definition work, a few conductors identified
    - this qtr, don't know, prob more early stage ground work

    they have other projects,
    Tucknarra (Murchison gold) and Highland Plains (near port NT phos) which I am sure add merit, but are not the interest factor imo (unless they ink a development/partner deal for Highlands)

    $7.5m mkt cap at 6.3c
    add 22% options issue, not kicking in till 20c+
    est $1.7m cash
    $300k qtr corp opex

    chart looks truely horrible
    logic: Anglo development will drive interest/add value


 
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