Ann: Operations Update, page-246

Interesting to see that some people are still trying to put a positive or neutral spin on this update, because I'm struggling to find anything positive in it, just more doubt. I guess too much financial and emotional investment in a stock can make people defend it to the bitter end. Whilst it is too early for the last rites, for the first time I now feel as though the odds are significantly against a successful outcome and rate our chances of success 20% at best. When I invested in 88E I always did so on the basis of boom or bust and said I would see it out to the end whatever the result. Admittedly I bought in below 1 cent, so I have less to lose than many here and can understand why some holders are getting out of Dodge while they still can. In the past I could have sold out for a very healthy profit when for instance the SP exceeded 8 cents, but didn't give it a thought at that time and I haven't changed my mind now the SP is heading to the opposite side of the spectrum. I think the SP will drift below 3 cents before much longer, but who really knows? The 88E SP has already been through so many gyrations, so why not a few more? I'll wait and see what the news is in 6 weeks time. Good luck to all the true believers, but don't risk money you can't afford to lose.