If that's all true why has the market gone cold on it - too long...

If that's all true why has the market gone cold on it

- too long between buying the land and drilling it (see the video, tunksy agrees)

, it's share price has halved .

- as above

Obviously there is little competition for the ground .

- Not huge competition agreed, lots of players in there but it's not as easy a drill as europe or africa

They just keep on getting more & more of it .

- Good, if drill A comes off the market will factor that into drills B onwards

It is an expensive business holding & managing it .

- Not really, tunsky has patched up a performance based cost

Just doing deals to acquire more land doesn't make a mining company .

- Tunsky agrees, drilling is key. Drills in the ground, drilling for stuff is his big push and all he talks about. He only took over in January and was lamenting that nothing had happened prior . . MEI was a shell up until not long ago.

I think the market is a little concerned at this stategy.

- The market is just impatient with where to move money . . but I agree, from the capitol raising last year to feb pretty much zero happened . . people lost patience, only really now are we hitting the road and the time is beginning to draaaaaaaiiiinnnn.

Stay on target . . almost there . .