take over

I think that as a result of the Chinese placement the chances or risks of a t/o are close to minimal. At the very least if the placement is finalised any t/o offer would have to be larger than previously. So it appears to me that we are going to have to stay with the current management like it or not.

I am not too unhappy with them. I really don't know what is the cause of the undervalue of the shares. It seems from recent events that that which can be done is being done. The slow reporting of assays is an issue which ought to be fully discussed at the AGM.

Transport infrastructure is really the last and centre piece in the arch which will then support the whole building.

I intend to take up the options, for 10c a go it seems pretty fail safe to me over 2 years.