funny market, page-134

Petra is just there to sell the raising not an investor as such that they will support the share price.

Ouch, traded that low today. Ouch. hurting with pain.

Hope not, the cost of start up at Windarra should be $11m + working Capital, so that is the $15m raised.

Then the 2nd tranche can be use to pay for AF Loan. Just they way I think it should work, then debt finance for the restart of LJ. What is the hold up with the announcement of settlement of BS and LJ? Just need something or anything to jump start the heart.

Such a large placement and no SI took large enough parcel to own more then 5%. I guess the bankers of FMG is busy with something else.

3 months since announcement of purchase.

The deal with BHP should still be profitable at this price. so dont panic just yet. Aud been falling and should continue to fall.

Stay clam dont panic yet. 85m shares was issued @18c and it seem they are still holding. Buy sell is almost 1 to 1, best i have seem in a while.

LJ start up is about 6 months from settlement anyway so there is time to arrange debt finance.