new jv, page-3

They recently did some cap raising at 25c,

I'm very happy with the recent announcements, I think they are a pretty good buy in the low teens (as opposed to the 40's like most of us paid)

Tight register and seemingly competent management, I'm a lot happier with this paperloss in my portfolio then a lot of others

I'm hoping in a few months if the global market still exists and we start getting some ore announcements we could still do ok.