shareholders letter, page-46

Gringo
What I was driving at, is (my calc only) After full T/O WN will have Enough shares to have 48WN to 1BRM.
So we will get $1.50 for 30 WN = 5c ea. WN.
The question is when WN starts exporting ore what will WN be worth then?
All the big boys, holding 100's of million WN shares can't be that dumb.
I am referring to oar traitor directors.
Even Luk had bought 11.5 m WN shares in last few mth.
I don't trust WN but I've held on so long already I'll be holding on till the end.
As I always believe The worst that can happen in the near future, is I end up with a first full of cash and heaps of paper.
I'm holding tight.
Good luck anyway.