possible pick up today..?, page-105

Minimal. Not non existent. Their is always risk. But unless you think it will go into administration (ie 100% loss) then downside seems very small. And I can't personally see administration when we have Genorah to loan from.

So really it's only about delays now. And how much we would fall if this went on for another 3months with no significant change. Maybe 8c? 7c?

Not bad really compared with 20c entry or higher that we've seen.

Whether you paid 20c a few months ago or 11c today, the upside is the same. I'd rather be buying today.

But maybe you're right and the risk is high. Market certainly thinks it's risky.