bonuses, page-2

and the Vanmag joke continues:

"The sales agreement that the Group entered into in respect of the sale of its interest in the Vanmag Project in South Africa for net proceeds of US$10m is ongoing with the vendors assurance that all necessary approvals for the remittance of fundshas been received and that the party will proceed with settlement. The Group has however received further non-bindingexpressions of interest to acquire its shareholding in Vanmag should the expected sale not proceed."

Did anyone ever get to see the illusive "Irrevocable letter of Credit" that PL offered to show??