Ann: Joumbira Zinc Project Namibia - Outstanding Assay Results, page-9

I have had another look at this and I think a big part of the problem is that there is not a lot worth buying on the sell side i.e. if you tally up the buy opportunities the sell side seems to have about $65K to $66K on offer if you take into account all the shares on view up to .018.

Each step up is around 10%. I put a table in below of what I can see on the sell side and how much it equates to to the nearest whole dollar.

So in my humble opinion a whole load shares need to be on offer for this to move north otherwise the road is hard and risky for anyone wanting to take a reasonable sized punt given the percentage rate you would have to push shares up to make it a reasonable grab.

	Column 1	Column 2	Column 3
0	Sell Price	Volume	Dollar Amount
1	$0.009	225000	$2,025
2	$0.010	291546	$2,915
3	$0.011	1062542	$11,688
4	$0.012	462941	$5,555
5	$0.013	1000000	$13,000
6	$0.014	202000	$2,828
7	$0.015	615000	$9,225
8	$0.016	200000	$3,200
9	$0.017	678000	$11,526
10	$0.018	220000	$3,960

Just my thoughts and I could be way off track. But until more shares are stacked in the sell side at the .009 through to ,012 levels I cannot see this sensibly moving anywhere in the short term unfortunately despite it looking like a very good investment now.

Duke