Slight drop maybe just over reaction to AGM resolutions being...

Slight drop maybe just over reaction to AGM resolutions being ratified.

Given the way 77H has gone so far it seems the slightest excuse triggers a drop. Watch for weekend rumours unless RM kills them with an RNS prior to weekend close.

http://www.rns-pdf.londonstockexchange.com/rns/5413C_-2014-3-18.pdf

AUS $0.15 is a key price level for options.

185,892,511 listed can be converted when strike price reached. RM needs this money in the coffers for targeting the BIg One in the deep Z zone. That is the massive prize in Cambay make no mistake.

If confidence is such that there is 100% uptake then there will be a war chest with

AUS $27,883,876 (and associated dilution) which will fund the deep drill and set the base for major gains.

This drill is a company maker but the next one will be, if Z zone successful, will be the making of a major company.