Hate pointing out the obvious here but without new news, no one in their right mind will be converting.. Just My opinion though... The SP hits 0.007 then maybe..At the moment buying at market would seem the sounder investment decision of course taking into consideration the risk return factor.. I just read that letter they sent re the Oppies... I'd really suspect that its not about the diamonds as they mentioned results being far off...Also something that caught my eye was the comment "The company is in the process of substantial change whilst continuing to focus on it major project of Bingara"
So diamond results in the distant future but substantial changes occurring... The board are canvasing oppie holders to invest further... Sounds like two directions on the horizon.. Or perhaps that global consolidation on diamonds has opened up some new opportunity..
Head scratching stuff.....
I'll keep holding while I scratch my head...
CFR Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
