too many shares - groomed for t-over only, page-29

Not "misunderstood" so much as still in prefeasability and therefor still in the orphan stage.
Nor can we (technically) add any more oz to the project for valuation purposes notwithstanding the obvious fact that we may be looking at between 1,000,000 and 2,000,000 million MORE oz because non of that is in a JORC state right now.
We need a further drill out on the Black Zone and the WRZ/C9 zone to actually be able to reliably and transparently add the new oz.
But it is there, obviously.
Right now the financial world is a frightened little mouse hiding under the fridge, a far cry from mid way through the last decade.
For the last year and a half new projects have been unable to raise finance.
No one wants to put their money at risk.
Its the same in the stock market with equities like IDC.
But the moment IDC offers only upside and no risk, what the market react.
Seems that there are very few risk free or low risk projects around.
Once IDC reaches the low risk threshold every man and his dog on the market will invest.
It just so happens that many bloggers on zhot Copper are astute enough and in the position where they can take risks and can see to upside here, obviously.