dud stock, page-9

Then I stand corrected on the budget and super tax. 2011 is a long way away and much can happen before then. I still think the legislation provides an opportunity for smaller mid-tier miners to get financing given the tax write off for capital investment. However as it probably wont happen in the format proposed it is all speculation.
What is not speculation is that Reed need $600m to get their Vanadium mine to output stage. For a small outfit like Reed this is a show stopper and will mean returns for current holders will be severely impacted by whatever means they adopt for funding.