have faith

Let's look at things positively as dire as they are.

1. YA are only covering their own backsides as I would. The facility is only a line of credit on CXY's current equity. SO what? What business does not have a line of credit? Also, YA are not terminating the line of credit.

2. Latest Prospectus mentions $2,375,000.00 in cash reserves. This does not include guarantee's or credit cards, which again is a line of credit.

3. SP has dropped significantly and there is plenty of volume obviously. So why is it that CXY is one of the most traded stocks at the moment? People are still buying the stock.

4. Lets not forget CXY still managed to raise a further $1,000,000.00 in capital a little under 4 weeks ago. Albeit a great deal can and has changed since then, take this into consideration.

5. DERM (pigs). I doubt very much that DERM will over turn their decision come the 28th. That raises the question of whether or not an appeal is a worthwhile process. I for one think that it most definitely is. Decisions should be based on fact, and in a court one must consider facts only, not here say.

6. IER and Latrobe Valley. Still and option, and there are bonds in place to refurbish Kingaroy.

7. Are we forgetting China? Who here honestly believe the Chinese are going to be overly worried about these events. They write off hundreds of miners a year, no one bats an eyelid. China are certainly moving forward as an economy but at a great human cost... life and the environment are cheap in China.

8. To all the naysayers.... CXY has been a speccy from the start. We know that. So please, stop being a bunch of mighty jerks. If you are all so successful with your portfolios, what the hell are you doing wasting your time on forums? Sad...

Lets see how this month plays out.

Good luck to all, will be a long few weeks.