guild, thanks for your reply. Management has had a fair chance...

guild, thanks for your reply. Management has had a fair chance to sell this project to whoever may be interested. They have also acknowledged that they erred by not modularising the project right from the start. There is no doubt that the huge CAPEX deterred many suitors. If the modular option was taken at that time then we might have stood a chance. The way the markets are now and the way worldwide money has frozen up means you can kiss this option goodbye. Who's fault was that guild?

The market cap is saying "I don't care what this company has, they have no future".

The only way out is for some Chinese mob to come along and offer to buy them out. On their own, forget it. They don't stand a chance.

Note to self...never invest in a mining company not run by mining people.