Its a nice run just dont move away from the computer because the dump could come at anytime. Even though they told the asx nothing is currently going on i think they will have a few announcements coming over the next few months to get those 380m 0.8c options excerised before they expire in earlty 2014. Thats $3m they need to keep the engine running.
4.1B shares on issue if they get those options exercised. $37m market value at 0.9c if them options come through. I have no idea how much money they need to get their projects off the ground or JV or partners. 13M DEBT and not much cash left.
Outstanding acquisition payment of 3.7m required by year end also so a cap raising is a possibility if they cant get someone else to partner them.
WAS Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
