If the JV agreement is close to being finalised there will be...

If the JV agreement is close to being finalised there will be leaks and the volume/price will spike. We saw it last November when the price went from 13c to 28c in a matter of days as the JV with Anglo was close.

- The price at the moment definitely looks like it is being capped.
- A BFS which on the surface doesn't look so good but when you break it down it seems to be very conservative ( eg only mining one zone, one farm, low recoveries, confusing cost estimates).
- DRA investing $3m cash. Someone argued the other day that DRA inflated their fees in return for shares and their actual average cost of shares is 15c. If that was the case they are now in the red. I don't believe DRA would have put $3m in if they don't know the end game is near and will be profitable for them.

I know these are uncertain times but if someone wants a low cost long life platinum project with growth potential they will look to the long term. Especially Chinese or Japanese interests.