I heard rumour of 50c about 2 months ago. If its done at 60c I would be delighted.
Looks like the insiders sold it down ahead of announcement. And this company reminds me of pea and leak soup. Lots of leaks. Although with drilling plans and only $3m cash I should have sold out and tried to buy lower.
Few shares on issue (am asuming even after capital raising) so this could still be a stock where its difficult to buy many without moving the shareprice north.
Jim Rogers when interviewed on Bloomberg said the area to invest in is now agricultural commodites (but not those already hitting all time highs). Potash would also benefit from any increase in demand/price increase in these commodities.
