**riel Pindar, page-20

I am all over the shop with it, I was going to have a crack but started reading up on LKE and all the issues they are having making the project almost if not unviable due to power supply issues and processing cost among other things, they are burning through their cash reserves etc - they also got smashed with about 10 question form the ASX around their miss use of projected production figures in announcements etc - basically its a real mess next door and skating on very thin ice, It's not XTC but we have been trying to piggyback using the next door to LKE claim in our announcements so what hurts them hurts us, although we get a chance to learn from their mistakes! This could be a big reason why they are chasing land elsewhere in Argentina?
If anything does happen with XTC I think it's more a very long game now so am I now probably not jumping in on the offer - (may still just dip my toe in very slightly) and will wait to see what happens after consolidation? if it does drop under .20c then I will consider buying back in at a lower SP than is on offer currently before consolidation, basically I am doing a backflip on my original plan......confused? good because I am as well!

Good luck with whatever everyone decide to do!!!!