denr sets technical forum on rapu rapu , page-6

re: from bad to worse True Breaker1, I too believe they will get runing. It could be very bad for the future of Philippine mining invests, although I also have to say that LAF f..... up all by themselves.

However, irrespective of that the further delay is costing dearly and I think the capital rasing @ 11c is spent very soon.

Now, having to look for more money.....in this market..... @ what. If at a discount, typically 20% discount, to market it could well be 8c or less.

One of the lessons learnt here should be that the big player don't always know better than the rest of us and as I said months ago LSG didn't really have much choice!!

tubs