Ok - we have debt, so do all our neighbours (South Gobi etc) in...

Ok - we have debt, so do all our neighbours (South Gobi etc) in Mongolia, ALOT of it. Yet RIO owns a stake, they still operate, find sources of finance, and havent gone broke. If Noble really take us for a dime,then there's obvious worth and interest.

Mngt have way to much skin in the game.

If your argument was true (has validity in current enviro only), couldnt we simply do a cap raise @ 5c, raise $50-100m (double holdings) and problem solved.

We have substantial assets, Noble wouldnt be the only player in a quick fire sale, and at an odd $40m market cap, our rusting truck fleet would be worth more...

am i worried - HELL no.

same cyclical commentary - I can recommend the LYC thread to all unbelievers.