just dont get it, page-19

Thanks guys - I think most of my posts are balanced though! :).

No jaybay, I haven't spoken to management. I haven't really been looking to seriously enter for the last year and haven't had any real need to.

Regarding the Lind facility I can see value in it if they use it for 6 months or so. The discount they get is likely less than they'd have to offer in a SPP where they'd probably offer options as well to sweeten the deal. It's probably getting harder to keep tapping SI's every other month too. Chinese funding hasn't eventuated, nor any other kind. They're likely between a rock and a hard place. I assume there are going to be some legal fees regarding the Derby ownership coming up too.
The effect Lind will have could be quite devastating in the short term, really capping prices. But if they use it for a few months to get them through the quiet period and BRU get their Laurel testing up just after mid year there should be some SP appreciation. If there is enough volume it should be able to drown the selling pressure out. Although I expect them to front load with a few $300k months.. If BRU are successful then OBL will be in a position of strength in terms of raising further capital, farming out etc and they might ease off Lind. Or they could keep using it and it could keep suppressing the SP, who knows.