At these prices even i would be optimistic... the price would go up when they do actually pull something out of the hat. However i am hoping for 0.3 as a minimum to get my money back... that target is a long long way off !!
People who previously talked about potential in LDP etc etc. well we have seen how fast they operate. 2 months still waiting. How many months before they run out of money/ become financially unviable.
in 12 months time there is no point pulling out a great deal if they only have 100k left. They would have to raise more cash. i certainly wont be putting more cash in here.
Basically there is a fair quantity of money sitting there with a fairly well connected (you'd hope) BoD. If they invest it in anything remotely sensible then there should be some form of movement here in the share price. If we don't hear without the next 2 months then I think the current BoD are just as bad as the old one. Until then I retain a degree of optimism.
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