Ann: DMR Accepts West Wits Mining Rights Application, page-53

Great point Mervco. We don't know what will happen in the next couple of months with the share price, but we both believe that price growth is a strong possibility in the next twelve months.

Looking at the next three months I assume that:
July - The June quarterly should show a much better result than March
August - Approval of 5ha mining permits
September - Annual report will show what we already know, that the company is currently self sufficient. The directors will also be able to purchase shares again. After the 6 monthly report, the directors purchased 700,000+ shares at 2.1c. Imagine what they would purchase if the share price is still sitting around 1.7-1.8c, with the approval of the mining permits?

The question is at what price should we add some more? I don't believe it will get as low as you suggest and don't want to risk not accumulating when I had the chance. Everyone whines when they miss out on a share because they were waiting for the price to go down. You never hear anyone complain that they bought a share at 2c that went to 20c, but went down to 1.5c first.

All just my personal opinion of course.