I have spoken to the company at length in recent days and I beleive there are no negative surprises to come and they say they are not considering any capital rais, restructure or anything of the like. I have subsequently written to the Board urging them to talk a bit more with the market about their future vision and to confirm on the record that they are comfortable with the current capital position of the company.
I hope sonmething comes of it.
So for the moment I am satisfied that this is not in the BSL/ERA/TEN catagory in regard to potential deep-discount raisings, which was my fear.
It would be nice if: A - The alumina price would go up, B - the A$ would ease back a little, and C - The auto-robot high-frequency SP manipulation machines would go away and leave the market (dream!!).
S
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