have we done our money, page-16

Positives:
- The financing deal assumes any conversion at at least $0.45. This shows that some finance company has done some due diligence and feel there is value at that price
- I assume the recently hired mining executives have not been sold a puppy in terms of their career

Negatives:
- continuous delays and no information to the market
- the dive today and the continuous selling at these low prices indicates that someone wants out
- UBS, which presumably is close to the company is bailing out with a lot more shares to sell

Overall: I probably wouldn't sell at these prices but I am not sure I would be buying either