Ann: Investor Presentation - Brisbane 9 February , page-25

re: Ann: Investor Presentation - Brisbane 9 F... Pen,
The way the market works, i would not be surprised if the share price did not move on any news about Admiral Bay.

I think the market will mostly wait until all the risk has gone from Ad Bay, They will want to see a joint venture in place and a good prospect for succeeding with a going concern, this is only my opinion. who knows what will happen, it could go ballistic but i doubt it.

I am on the slow accumulation path and expect to continue with that strategy.

I personally think it is insane that no value is attributable to Lounge Lizard,Mungana or Admiral Bay at the moment, that is why i would not count on any sudden movement on a pos study from the Bay