trading range, page-4

Its a cautious position awaiting confirmation either positive or negative.

Buyers are a bit thin as they await and sellers are blocking any unrealistic guessing as to when which is what company wanted anyway.

I went back to AKM annoucements is 2009 as to when they picked up their first decent project. Interesting terms of purchase which gives me a view that should CEO complete and announce a final purchase we may see it come out something like 30,000,000 shares being issued now to vendor and $5m in cash in 12 months time.

This would allow vendor benifits of upside and cash as well. It also allows company to actually complete further works without significantly dilluting shares.

Sounds reasonable to me given Mark is looking at future for himself and existing holders...