it's healthy to have a pessimist to balance out the optimists,...

it's healthy to have a pessimist to balance out the optimists, which most of the threads are, for any stock.
it is a better take up compared to the last which was approx. 25% @ 1-4 entitlement, now we have 52% @1-10 entitlements, that tells me a small number of punters are willing compared to what else is in the market place at the moment, to go hard at a stock with a whole lot of potential as it was when we hit 2.8c before drilling last year but with the backing of s32, I can only think of ARE who are about to drill beside Olympic dam that is comparable and their M.Cap is $30mill or so.
personally I would love to see a 1 -5 or 1-10 consolidation to flush out the non contributors.

regards timmo