Spectrum unfortunately, for most is just not a very exciteing commodity. Hence the share price. Now if we were a gold exploration outfit with a proven high grade large tonnage gold deposit in Canada.........well one can only imagine where our share price would be at on shear speculation. However having the spectrum equivalent to the above won't matter untill we get a purchase offer or partnership agreement in place. And then we will make up for lost ground. Given what the incumbents paid for spectrum in the auction I also believe that if 2.50 or even 5.00 were acceptable to Alex (and he is the key factor) that a deal would have already been done. I think that a consortium of convenience and a rollout of a tier 1 company is what's in the cards. And if that happens with the right players then hang on because things will get crazy. The big question of course is when. For Alex I don't think the time frame has been nearly as important as achieving the end result. But I do believe that with FO about to be relaxed things will happpen at a much faster pace. Hopefully soon. Will be interesting to see how long it takes for Peter to get back with an answer on the consultant question. As much as I would like it to be Greenhill I'm thinking it's probably Alex.

snowtrac