Things heating up !

Looks like we might be starting the next leg up in the MEDs !
I am quite surprised that so little stock from the recent rights issue at 0.5c have hit the market.
Despite the placement of shortfall at 0.5c the stock has managed to hold the 0.8c level very nicely.

Looking at the total depth (ASX & Chi-x) we have 21.9 mill on the bid at 0.7 and 5.4 mill on the offer at 0.8, 6mill @ 0.9 and 2.6m @ 1 cent. It would not suprprise for the stock to go 0.8 bid by the end of the day. If there is any whisper out of the mine of some large diamonds etc. watch the share price take-off.

The Tomra XRT has now been operational since 21 December, so assuming that the plant was non-operational for at least 3-4 days over the holidays, we should be well into the 3rd week of production. We should be expecting an update in the near future.