Justis - sorry mate but that is simply puffery from Ken, that's like telling a sheila she's a good looking sort - yep, straight out of the 50's so as not to offend anyone - in that it is without substance, and as it happens both bits of blarney are intended to achieve a similar outcome. If Ken had wanted to add some substance to what he said he probably should have compared the initial results at Ohio Creek to some other project that developed into a major discovery.
On another matter, they said at the beginning of this process that any shortfall in the spp uptake would be sold to institutions and sophisticated investors. My guess is that there will be a shortfall in the spp so I am interested to see which institutions take up this opportunity after passing on the opportunity just before Christmas (remembering that the cap raising to instos and sophisticates before Christmas only raised half the amount hoped for).
TRY Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held