Personally I feel the last 48 hours were just a f-up of massive...

Personally I feel the last 48 hours were just a f-up of massive proportion. The 1st announcement had me going "ok - here we go, this is what we have been waiting for" followed by the 2nd announcement that put dampener on things, almost like NTL were saying "well we have all this gold that we confirmed last year BUT we are not sure we can get to the majority of it". Then to say that they will need a further $19 million investment to realize stage 2 and that the shareholders may have to put their hands in their pockets or suffer dilution due to a partial sale or JV. As has been mentioned over the last 48 hours, what about the $$ extracted from stage 1 - surely that will go a long way to funding stage 2.
Happy to be corrected - Currently in France so I head to bed about an hour before opening and wake to see the carnage of the day.
Cheers - Clint