run out of buyers, page-4

Hi OSR, the quarterly was what prompted my question. Hard to say with any certainty, but it does seem to hint at holding on to Jpang doesn't it? Which will mean a $1m hit unless a new deal gets dealt to expand the mill to handle the metalurgy, that will potentially postpone the capital outlay. I think I said a long while back that I reckon it was a good deal based on what (little) I could dig up on the mispec work that hasn't made any Augur announcements.

Regarding CR,I personally think it would be best for them to hit the institutions again. I know that dilutes for shareholders, but as you say there's a heap of activity at the moment that is costing, some big announcements and big decisions on the way. Get the cash and keep charging I reckon, especially now the SP is skulking around the 0.20 mark again. But again, it might depend on the plan. Instos might not be so keen if they have to throw a mil at a small fry mill, while holders might be more prepared to chip in.

I'm no expert, but hitting the market on a thinly traded stock (excepting the spike mid year) seems to carry a bit more risk...

I'm hoping for a quick run on another play so I can punch out and buy back in to AUK at a 50% discount ... let you know if I succeed or fail! I never post a sentiment, but its looking like time for me to think about a buy. Just need a bit more info on cash plans ....

COLCOM