Ann: Second Quarter Activities and Cashflow Repor, page-13

re: Ann: Second Quarter Activities and Cashfl... ecca, All the little ducks are lining up its just a matter of time. $5 Millon a month is putting us in a very strong position. I would think the more money we have in the bank the less we need the Xmen therefore placing us in a stronger position when it comes to negotiations with them.
The stronger the position the better deal we get!!!!

Reason being the more money we have in the bank and the more funds we have coming in each Month the better financial deal we can do with the Banks. This makes going it alone and building our own plant more attractive in the long term. The Xmen will know this.

Also the way White Dam is producing proves this company can get projects up and running at a exceptional rate of production. Exco have proved they can squeeze every last drop ($) out of a plant. This increases the benifits of a stand alone project at CCP.

If we do go it alone 12 to 24 Months isn't along time to wait for Greater Rewards $$$$$ IMO.

Hermie's. On board the stand alone option! But I would Deal with THE XMEN if the price is Right!

Thats 50 cents each way.

Does Anyone Concur??