Kalmsg, I agree but we'll have to wait to see if we are right or wrong.
As per usual it's a matter of sitting back and waiting for news. At least now we are starting to get some clearer indication of dates for news. Now we need them to deliver.
Fingers crossed that the Lidsey #2Hz is successful as that would provide surplus cash which can then be fed back into exploration elsewhere. Unfortunately timewise I don't believe it'll be enough (even if they hit the top end of projections) to prevent further dilution from occurring before the end of 2010 to pay for further drilling of the Nyuni block.
KEY Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held