romblon project, page-2

I am I confess a little underwhelmed...don't know the price...does anyone?
We knew back at the start of the year that the MPSA had been granted and at that time the impression I had was that the transfer would occur sooner than later... but time marches on.
The recent positives for me remain that the last capital raising was fully underwritten, (not bad for a small cap with less than half a mill in the bank as it was last year) and the directors buying in the last 5 or 6 months.
Must have a look at PEL'S cash position.
I think that Chuck said in a recent post that the Pelican would tell it's story in the next 6 months or so, I can only agree.... I don't think we are going to spend 2011 waiting for the balloon to go up...sorry about that, I really meant to say for the Pelican to take flight.
Cheers,
crat