kingrichard,You think so?I doubt it.Unless Ganke Karks...

kingrichard,

You think so?

I doubt it.

Unless Ganke Karks it!!!

LOL!! He is 77yrs old.

Noblehall investments - Leadenhall Australia - Chi Investments - have been in it for years trading it like there is no tomorrow. Super Funds. T & C Lebbon.

Check out the latest Major Shareholder update and you will see what i mean.

One of two things will happen IMO.

1) SCX will be forced to sell their interest once they run out of money if they cannot fund their stake in the production of Bigryl.

2) They will continue the Raising of Capital charade at shareholders expense over the next couple of years.

I don't know how tightly held SCX is regarding major shareholders. Therefore its difficult to know at what point SCX would sell their stake.

I just don't think they have any intentions of selling until they secure the highest offer which may be some time before that happens. It could also be seen as very opportunistic by both PDN and EME who i would expect will do their utmost for either SCX to pay their way or sell out.

Would not touch them with a 10ft pole.

Much better plays in the market IMO.

Cheers markco