Ann: Lulo Kimberlite Exploration Update, page-7

Well with just over a week to go to qt end and pull an ownership rabbit out of that famous hat , I don't believe it's going to happen. I can't imagine many ordinary M&D holders contributing at 11c, everyone would be in the red and long termers significantly so. No word on ownership adjustment, world economies tanking, people losing their jobs or having hours cut, fear and uncertainty everywhere people will most likely be holding on to their cash. You would have to think that Diamond sales will be subdued for many months to come, perhaps not at the top end where there will still be plenty of disposable cash. If limited cash is available and a loan repayment due (this may be re negotiated again) without a quick find is it time to go into care and maintenance mode?