finance, page-48

With all due respect to everyone that posts here, the fear mongering that is going on is laughable.

Do I know if the Finance is going to be approved? No. Unless you are an employee of the Coy you will have no idea (hopefully, as thats the way the share market is meant to work, right?).

Is it delayed? Yes, obviously.. But thats hardly unusual, its hard enough to get a Bank to come to terms/settle on time with a residential mortgage these let alone a complex forward looking mining facility.

The "bleeding" that people are speaking of is on the back of stuff all volume, and I have chosen the technical term there to really support my comment.

Regardless of where the Finance agreement is at, this sell off is unlikely to be due to insider knowledge (relating to a failed Financing agreement) purely due to the lack of volume and points more to scared mummy and daddy investors that believe that this has taken a bit too long, saw a few people sell off and decided to follow suit, and then have taken what they can get (price wise).

I think all concerned just need to take a breather and give the Coy time to complete this.

But hey, what do I know.

I do not hold a position at the moment, so this does not directly affect me.. I have held previously, and should finances support it (personally) I would like to get back into it.

Just my opinion, DYOR.