ST, are Europa going to be producing 6000 bopde or 1000 bopde by or in 2007
because on squaregains company profile it says 6000 bopde by 2007.

If this is correct, and spot prices average around 70 dollars, we are looking at some serious turnover for a company valued at only 15 million, 82.5 million pounds rounded off and exchanged to pounds at 1.85 exchange rate.

Even if we only achieve 1000 bopde the revenue at just under 14 million pounds
is nearly equal the current market cap.

What will this do to the shares and also our warrants if this is achieved?

The Annual report comes out in September, i reckon we will be up to at least the 1000 bopde mark by that date.

I am also thinking about buying some more warrants, but will wait until annual report. If they then become too dear i won't buy, but i will be in a win, win situation.

Why have the warrants gone down instead of following the share price rise or staying at 5p bid?