how about an update, page-42

To be honest, I'm actually enjoying the extended trading halt. Whilst it may be putting off the inevitable, at least I can concentrate on the rest of my portfolio.
One line of thought is the longer it takes, the less likely a favourable result. I think it can be a positive. I feel that debt is the best option. This is the final hurdle, so an extended or new debt facility paid down over 2 or 3 years results in no dilution.
I can't work out any advantage for Chuck if he doesn't take advantage of the current situation by increasing his holding. To fall at the last hurdle could only be an unreconcilable loss.
An operational primary crusher with some reasonable production is the best way forward.
An extended TH may give Chuck the time and oxygen he needs. Creditors and shareholders can all be bullhsitted to for a while. IMO Chucks strength.....
Either way we won't hear about it until it is all history.
Sit back, relax and enjoy the silence :-)
BOL