Ann: Sconi Project in Due Diligence Phase for NAIF funding, page-242

' Email the company if you think something isn't right. but NAIF funding isn't a catalyst. ( IMO ) '

Well , not all of us have to email the company..... Some of us can actually work it out and deduce and extract important facts for ourselves. That's what investing is all about. If it was that easy to have everything ' spoon fed ' from the Company Secretary or indeed the CEO himself - and then of course we are all expected to believe what is said - Well call me naive folk's , It just wouldn't get any easier than that .....and we could all just sit back and become millionaires with just a few phone calls and a couple of emails. And we all know that is simply not the way it all works now is it ?

Nevertheless , if it wasn't a catalyst as you say. Why then was it deemed ' Price Sensitive' when it was released by the company. Didn't have the effect on the SP , I agree. However that is for other reasons which I have touched on already. There are additional reasons as well. And as I have stated previously , I would prefer to comment on these extra factors following my review of the quarterly activities and cashflow statements which should be out soon..

It is truly amazing that posters can post statements on these threads which appear to be in absolute desperation. like this one :- " These concessions are used to fill gaps in the infrastructure financing market and help viable projects which otherwise would be unlikely to proceed "

I mean seriously folk's - Are we starting to see cracks in the relentless ' up ramping' which has gone on here for so long. Clearly if the project was worth it's salt, there will be nothing to worry about. The lenders will be climbing all over it right ? Or are we saying that this project is just so BIG - and is in fact TO BIG so will Fail. Seems almost in the same vein as TO BIG to FAIL coined from the GFC. Looks like I may have been correct in postulating in one of my earlier post that our capital markets and indeed our Financial Markets in Australia cannot cope with these ' Mega Project ' concepts and this structural shift which has to happen to get things done - in not just our backyard but the entire world economies.

Regardless of all this , reading theses threads one would think it is all a bit presumptuous and a forgone conclusion. ' Buyer Beware ' I say. At least for the time being.....