mo munshi interim md, page-4

They won't do a thing till Sep.

That gives Shougang all the time they need to accumulate stock at current levels, 0.19 on the side

Shougang will exercise oppies at 0.30 to give them and average buy at 0.23

Then you'll see a JORC and you'll double your money as the sp goes above 0.30 cents. IMHO, sit back and watch. No rush to buy up, let the big boys get their fill. Just surf their wave.

Look at todays trading: 0.19 traded all day today in 50 k buy's with one trade only at 0.195
Buyers sat all day at 0.18 and not one bid at 0.185. Yet, as soon as the sell stack had sufficent stock at 0.19, a 50k buy went through at 0.19 hmmm