sp heading north, page-5

Its hard to predict these things. Very much enjoying the chat.

If it falls down to those levels, it might not necessarily mean there is anything wrong, it could be simply be that investors do not want to wear the opportunity cost of having funds held up during this early phase.

Even in Juke's marvellous post, there is recognition of the potentially lengthy time frames involved and funding issues. And TonyMC's post the other day about someone coming in now without having faced the risks over the last few years and tapping into the potential rewards now is quite relevant. What rewards have there been for the long terms investors to date? Zero (unless they averaged down and did some trading in between - which is what I did)

The last quarterly cash flow report $3.8m - not much in the kitty. Funding is required for the Aus project. If it is another SPP, IMO share price will be kept down. IMO, only a major funding pump by the Fed will change the SP position.

ReUnion Island could changes things.