News: Cape Lambert plans London listing , page-18

Peter, no one says he had designs of selling at 70 cents. but clearly things have gone badly wrong here, and now he needs a get out. It is my belief that a deal has fallen through big time, which is what led to the spectacular crash from 73cents. as Tombu said there is plenty of iron ore in Africa....fact is he had us all(including me) believing we were sitting on a gold mine with potential buyers crawling all over it begging to buy it, now it seems TS is off to London with the begging bowl himself.