w6w:

Yes great points.

I also agree with you re: SGX putting all current money into SE Jacobus and Onaman. Main point I want to get across to people is that SGX has the option to increase its stake in LRU (from ~3% to ~13%) at a significant discount (~27 cents) to even most recent PP (40 cents). Total cost to SGX just 500k... these funds would also go toward financing a program they also have ownersip stake (Kerrs). Should they do this now? No most definetly not. But option is there and these options will likely have significant value. 'IF' LRU pulls a hole like EXS-v LRU could easily be trading above $1.00 with less than 20M shares out IMO.

red911