yes JV, just holding the options. and no lombo, not talking the...

yes JV, just holding the options. and no lombo, not talking the stock down, just been witness to a massive slide in price. technical analysis won't work. you don't buy this stock at a point in time because the share price has stopped sliding and there's 'support'. you buy it with a small percentage of your portfolio on the off-chance that it will go from 1c to 23c per historical broker estimates. and that's not going to happen for months yet. and in that period people are going to get disillusioned, sell for the tax break and start sniffing around when the WA rumourmill starts. this is also going to be when cash gets skinny, so we're in for a real fun ride! i'm still very interested in this stock (hence the oppies for insurance) but i just reckon there's nothing that's going to take the headstock up to 2c that wouldn't take it to 10c instead. in the absence of "the event", the risk profile isn't reducing with time, it's increasing. but that risks starting me off on a rant about management, so i'd better hit the "Post Message" button now as that's a can of worms...