sdl plan b, page-22

Mjmj - just my two cents worth. It may end up like many others. The IO stays in the ground for years, we undergo cap raise after cap raise (if we can!) until we are diluted to the proverbial and eventually become a penny stock. Or, the Africans dump us and do a sweetheart deal with someone else. We should know that we are in Africa. Do some research as to what has happened there with contract renegs etc... and you may not want to take that risk.

I watch FMS with interest to see whether they will ever get their IO out from the ground. Also, for those who don't mind getting the SP smashed and waiting for lazerus, maybe look at buying some stock. You are saved from the pain of being smashed from 30 cents to 8.8 so maybe some should jump at it?

You see once the SP is smashed reality sets in, people start to accept that maybe there is no white knight and that they should have taken their money while someone was willing to pay.

I see this repeated time and time again. It is human nature. If the TO falls over, then the No brigade will start to find someone else to blame, kick and scream and post for the next five years, if we make it that far, on some excuse other than they should have taken the offer when it was there.

Look at the charts of IO companies in the last year. Really do it and look at them. It is a disaster.