below 9cents now, page-7

Without going back into the bidders statement, I recall that PEM would re-issue the notes to Taho Zinc under similiar terms. Taho had agreed with this as it was the only option as there was no way PEM would have the cash to payout the notes. Assume if someone wants CBH the same arrangement could be done on the notes.

By the way, I notice Taho Zinc share price is suffering as well 52 week range 1131 to 295 yen as of today. No one has escaped the fall in zinc prices and commodities in general.

Anyway, I did my money on PEM and not CBH. Each time I think of going back in I slap myself on the face and that stops me from losing more money.

CL27