My take on the announcement yesterday was that it was put out to...

My take on the announcement yesterday was that it was put out to head off a possible ASX speeding ticket. A great pre-emptive move I thought by management.

There were large buy orders coming through yesterday, but the buyers overcame the sellers. I think that the strength will continue today now that we have a breakout and that the buyers will not be put off. This project has a lot of potential and I can't wait for the drilling to start.

I made the mistake of selling my shares obtained through the rights issue at 3.6cents and had to buy them all back at 4.8c when I saw how strong the move was. Lost a bit of the gain, but that happens sometimes.