001954,if you read my threads, you'll see i am not predicting a...

001954,

if you read my threads, you'll see i am not predicting a placement... if the insto's got burnt last time, tough... they bought in when the company had been demonstrating almost a year of cash burn with little to show... if it is a placement this time, there are identified targets for the cash and short term returns...

the company is at a different stage now, and any likeness to the pass cannot accurately be drawn. they now have been frugal with their cash, have actual, probable and possible reserves that they can get to quite easily and they are focusing on cash flow from conventional, not the non conventional as was the case last time..

to me, there is no comparison to be drawn if you do just a little research..

are you holding or spectating mate? just out of interest...