whats going on, page-5

Agreed barnsty - speaking to an 'industry professional' recently & their position is that the rspt has reduced the sp of these type of stocks by 25% & that if by some miracle it was canned tomorrow, many would recover most of that 25% in due course. The real concern was that the 25% reduction also extended to future project values.

There would be plenty that would debate that no doubt, but other similar holdings & watchlists of mine are all off about that amount or more, so am thinking their is some truth there but of course there are also other global influences.

So have taken a sit & wait attitude as these values are as someone expressed recently - balderdash and bunkum!!