Ann: Voluntary Suspension, page-80

The problem I have with this stock is why do they wait until the last minute to come up with a deal they could have negotiated 6 months ago? is it because they did not want to part with control of Cam iron? the next question is do they already have a ballpark figure they are willing to accept for 51% of Cam Iron? we would love to know what it is as it will have an influence on the future share price.
If Cameroon Government agrees to a 3 year extension it will be interesting to see the conditions, I think they would want the finance question answered in the short term and the time line spelt out for construction of the railway, Port, etc.
This Company is always tottering on the brink of disaster and the poor shareholders always seem to be the last to find out what is going on, for instance do we know what is happening to the Hanlong shareholding in this transaction? is Bank of China taking them over?
There are lots more loose ends that need to be tied up and you wonder how long its all going to take.
At least some half positive news that we can hang our hats on until next week