cold,hard light of day, page-5

Barry make take a softer approach or he may start to fret over the next state election. Isn't that the whole problem with all politicians at the moment. Everything is about the short term. The latest opinion poll, the scrambling through the next crisis being played out and how to look good at the next 30 secs media spot.

Having gone from being super confident when the Libs came in and the granting of a production licence last September I now feel that MEL has a monumental task to overcome a multitude of problems. At this point do you sit and wait or try and employ a strategy to recoup your lost capital. If not much changes before September it means that there is quite a window of opportunity to do this. God knows there are hundreds of beaten up resource stocks and some have already started to bounce back.

For the sake of Casino and the Northern Rivers I hope that the situation improves for MEL. One thing is for sure it won't be plain sailing. Living up here reminds you of that every day.