warm and fuzzy feeling, page-2

Government support
Large resource
Last remaining large independent
Fully funded
Simon Hann

The issue in my book is a newsflow void following the cap raising. Anyone looking for a quick arbitrage has had the carpet pulled out on them. There are roughly 55 million shares potentially overhanging from the cap raising. On current volumes and news flow that doesn't encourage the shareprice to do much in a positive direction.

Some news flow and I feel that those first five points will come into play. That news flow doesn't have to be from us either. If WCL is taken for a decent price (speculation) then our importance as a strategic piece will only be highlighted further.

My opinion only, but unless something fundamentally changes I will keep buying until the market sees the value. 2014/15 really isn't that far away and it takes time to ramp an operation up. We are a strategic asset. We just need to prove the concept.