exm finds high grade, page-20

They would wait till the last day because they probably think 5 million in the overnight money market is better in their pocket than in SRI. The deal is consumated when the money is deposited with SIPA by the 24th, if its comming, its probably already in AUD earning interest.

Downside risk will be tempered by SIPA contingency plan, and pending drill results from Panorama and warrego.As to what I think the sp could go down to, I have no idea. But I beleive it wont be a disaster because when the dust settles, SIPA still has its assets and its money and back to 100% of Thaduna. This area of the market is all about risk reward and this is just my opinion as a 'punter". If your worried put in what only what your prepared to loose and you will sleep well.

I have a fair bit riding on this, so DYOR

Regards
Oscar