I have to admit I am very suprised, the SP did not tank today -...

I have to admit I am very suprised, the SP did not tank today - a lot of people were predicting 4 to 5c SP due to the diluting of shares - however we endedup on 6.3 - looking at the current volumes and charts we might actually be looking at a 7.5c SP if the current buyers do a few good trades.

I think the biggest thing keep the SP strong at the moment is the question of "why do we need the money" - two reasons IMO - 1.) drill alone in senegal - or 2.) - and my personal opinon - another JV with a new partner - maybe OPHIR?

good time to get in IMO - I think the SP might go up from here.... all IMO DYOR - we shall see how tomorrow goes :>


Ele.