Great post guys, KL the initial post ouses confidence for me and...

Great post guys, KL the initial post ouses confidence for me and I guess for many other long term investors.

Technical stuff I will leave to those I know and seek their advice, but from a investors point of view the need capital raise when the share price is higher, above 25c, confirms to me that the company is mindful of protecting Long Term shareholders interest and not just selling out to the highest bidder. Selling out should be the investors decision not that of management is my beleive.

The cash drain may end up dicitating that but good to read PM is mindful of the cash drain against the current shareprice.

Also I know some posters here have questioned the lack of buying from directors, but as PM said his recent options are at 19 cents. I am comfortable with this especially if what we beleive will happen, happens, PM is paying a 90% premuim compared to us punters on market.

Again great informative and educated posts, although I do like the banter in those quite stressful times. It breaks the tension or releives it.