trading halt, page-53

come on GFM surely you've got some kind of guess for us as we wait to hear our fate :-)

I'll have no problem with a bit of both. It is only fair that if someone is willing to lend CDU say $75 million that they get some shares at a bit under $2. I'd also be quite happy for WM to give them the remaining 40% off take. How about borrow $125 million and give them a bunch of options at $3. If this is a clean cut lend enabling CDU to go mining I honestly believe those could be well in the money next week.

I'm pretty nervous right now I must admit. From the chats I've had in the last 24 hours and the increased shorting activity I probably should have lightened up coming into this announcement. I'm going to be very interested if Azzure had anything to do with the deal and I'll leave it at that. Why WM feels the need to deal with them is beyond me.

I'm actually in CDU's camp right now and almost feel sorry for what went down with M&G. However if this is a cheap issue of shares to our Chinese friends or a placement that seems like nothing more than a Band-Aid I'm going to have to bail out. There is NO reason CDU should have to come to the table with it's tail between it's leg for this final $$$. The Chinese have too much skin in the game to pretend like the mine won't go ahead unless WM bends over. If I'm him then I'd say "fine I'll just put everything on hold for another few years and suspend the stock while I go chat with the Yanks (or Bermudians!!!!) about getting $100 million and giving them a wonderful deal and off-take." They have an opportunity here to make as much on the increase in value of their shares by GIVING the loan as they do from the interest.

OK enough from me. Off to get some fresh air and hope that WM has got this one right. No more time left to muck up I'm afraid. Looking back at his placements, other than the ambiguous placement to Sino (IMHO), he's done a fair job bringing in $$.