entitlement issue, page-6

a special award to 55notout. watso has noticed that at a dog show, every dog seems to get an award, because they seem to have so many categories. the craziest award that watso noticed one day was for the "mangiest alsation with rickets" - the owners proudly display the ribbon, in the trophy cabinet. so why does 55notout, deserve an award???? - well apart from watso and fatstocks (who seems to be missing in action), 55notout is the only other poster, in 22 months, to have started a thread. watso will have a chat with warren beckwith, and together, we will think of a special gda award.

mmm watso getting carried away here - because watso forgot what 55notout's post was all about - watso better look at the thread... ah yes - entitlement issue - and watso's post is too late to influence anything, as today was D Day. as has been mentioned, the free option issue, might have carried the day - but realistically, the take up will be luke warm.

the chances of mining at parker range?? - about zilch. just have a look at sxg, who have tenements to the immediate south (where they could have a good chance of near term production, by treating laterites) - where production for the non laterites is probably a long way down the track - they also have a reasonable amount of gold - to the north of southern cross - where they have deposits, that gda held about 30 years ago (watso in long in the tooth), - and which are still in the ground.

the company has prepared itself for a low uptake, by seeking permission to issue another 100m shares and options (in addition to the 15% rule).

watso has written too much already - it is just as well that he can type as fast as what his brain can think (which is pretty slow)
.