t4p/tigerten

Evening guys

Well, I wasnt far off...

"Could be a "options fully underwritten" kind of announcement. That way, they dont need to worry about getting the oppies over the line.

You are right, though - the stock needs a supporting funder and what better way to have some sort of under the table handshake - an options underwriting agreement may indicate a deal of such sorts"

Would appreciate any opinions you may have on the announcement. We always knew they were going to need funds for the pre-feasibility exercise. And with the Uranium licences having just been granted, all appears set now for a pretty hectic 2006. Will be interesting to see how the market reacts.

Marchello