vretts,You nedd to settle down mate, your hysterical posts will...

vretts,

You nedd to settle down mate, your hysterical posts will be doing your health no good.

Stop posting rank rumours, back up a few of your posts with some facts. The research will help you get a gauge on the company situation.

Personally, I hope and pray this T/O gets approved, because I am absolutely positive the only chance shareholders have to recover some money is it.

There is never any money left to pay shareholders after a company goes into administration. The only winners are the lawyers, they make sure of that. The process will drag on for five years or more, till there are no funds left after paying their exorbitant rates.

Many others will be relying on the T/O to proceed so they stand some chance of the class action proceeding, and a possibility of some cents in the dollars return, after what must be one of the biggest cases of blatant non disclosure the ASX has seen.

If there was a chance of refinance, don't you think it would be done by now? If the sales of two mines had proceeded, don't you think they would be at least started by now?

I reckon this is touch and go, OZL will be in administration the second anything goes wrong, the market shows how aware of that they are.

People buying at this level are playing a risk/reward game, nothing else.