st george float, page-15

BWJ,

I'd also add that A1 represents one of the (if not the) cheapest gold producers on the market. That allow will encourage interest in the stock.

Problem is there are reasons for it's tiny M/C, and these problems are yet to be resolved. So I think you are right that there is a number of punters looking to place a bet of A1 getting somewhere fast.

There's a good chance they could get a move on soon, but with creditors of over 6mill (as at 30 June) with little chance of that having been significantly reduced since then, I just wonder how much time's left on the old debt collection clock... Watpac must be very patient people!!

I sincerely think A1 should re-capitalise and then go from there. Otherwise the going concern issue will be lingering for a while yet.