any news??, page-6

fear? speculation?


I speculate that these guys have a serious cash flow position and fear that anybody who takes up shares in anything but a new incarnation of the company (eg Pasminco/Zinifex) is going to be stuffed.

I speculate that the only reason they are suspended for so long is because the Directors fear they are close to trading while insolvent.

but thats my scarey opinion. Boo.


This thing needs at least $10M to pay off the bank and to find replacement ounces. I can only see that if the bank steps in, takes half and floats off the rest.