Ann: Update on QMetco Facility and Debt Restructure, page-15

Guys, I'm trying to take the emotion out of it and think logically. I know we all stand lose good money.
Here's some rambling thoughts...
1. There are some big players in this, including JP Morgan with almost 425mil shares. Along with Meryl Lynch and Hsbc, they make up about 50%. There are also well over 4000 (mightily *** off) shareholders. Taurus at last count made up about 10% but it may be closer to 15% now. So I can't see this just rolling over and going away. The big shareholders are still the big shareholders, delisted or not, and they have sway.
2. My impression from the last few updates is that this will remain a going concern. The reasons are that the lenders have stayed in the game all this time and are heavily invested themselves; that it would be a bad look to pull the plug given the world banks ethical reasons for investing; that a much more thorough LOM and resource study was completed - obviously mandated by the lenders to get proper understanding of the economics of the geology.
3.I ve contacted my broker and completed some research. My understanding is that any of us can do an off Market transfer if you can find a buyer. Of course that isn't so easy in this situation. I also think TGS constitution may need to allow for this, which I am unsure of.
4. Intrinsically there is no value in the shares, however as long as the mine remains solvent then we are still active owners of this company and cannot be forced out. It remains to be seen what Tiger comes up with prior to delisting.What I am saying is there is still a speck of light in a very dark tunnel.