Ann: Beacon Presentation Gold Coast Conference - , page-25

re: Ann: Beacon Presentation Gold Coast Confe... EMC2 i wholeheartedly agree with you, but it seems to me we have been put in a pickle, what money would it take to get toll treating up & running. Seems to me dilution is inevitable, question is at what price & who gets a bite of it. I think we are at a greatly undervalued point, excellent LT entry as we do not know if any money raised would be at 1c or lower & if lower does the retail punter get a chance at it.

CSD might turn out to be a good LT investment, but I'm not sure why we decided to bite this apple & blow our cash reserves. Dare I suggest perhaps the bank was run down deliberately to facilitate a cheap entry for someone, or is that too cynical a thought. Just feeling a little led up the garden path with BCN at the moment. Hope they prove me wrong & get things moving again without diluting the bejaysus out of me.

I think we are in the last leg down of this run, question is will a 5 wave become a 9 wave down before we see a turnaround....if only i knew :(