unshackled, page-5

The turnover on ASX/NZX so far this month has been a bit of a mystery - you would think from the turnover this company had 660 mil shares on issue rather than 160 mil - hopefully the ASX cowboy brokers haven't been putting thru false cross sales to generate buying interest in the stock so as to clear the Ospraie shares.
You would have to think that Dipidio is worth a fair bit but can the Directors realise its true worth? It's certainly taking them a long time to seal a deal and it's hard to see them being able to keep it/finance the remaining development costs.
It would seem buyers today are looking at the Dec qtr figures that have been so far released and hoping for more of the same and expecting a good outcome on Dipidio whereas sellers probably don't believe the NZ gold price of around $1750/oz can be maintained(due probably to an expectation of a large drop in the value of the USD)and also believe the Directors will have to write-down the present Balance Sheet value of $325 mil for Dipidio when the 2008 financials are released next week as they haven't been able to deliver a deal so far.
Management also need to increase the NZ gold reserves beyond the current five years remaining before there's a decent lift in the shareprice.