A significant next move upwill imho likely occur when Nevsun goes ahead with a financing on their project and starts building the mine.
Another issue is the release of our scoping study (see feb 12 NR) for Emba Derho, which is a little bit late.
Emba Derho Scoping Study Update
The scope of the preliminary assessment study (scoping study) has beenexpanded with a specific focus on utilizing the excellentinfrastructure that exists in and around the Asmara Project, such aslocal electrical power and existing rail lines. The study will alsoexamine the impact of lower costs of steel, fuel and other costs on theoverall economics of the scoping study. The expanded scoping studyshould be completed by the end of the first quarter of 2009.
With sufficient funds for the near term we have plenty of upside.