CK,
That's 0.001c from what I see - not much to be made there for those who wish to sell.
All,
BTW, I see some pain with negotiating WEG out despite the obvious financial benefit for them to go (and quietly).
There's also going to be some pain for LT SH's who haven't been averaging down and who don't have the cash to take up the offer at 4c (and the following options @ 4.5/5.5c).
Being massively diluted without an appropriate buy price to match means LT pain for some!
I've always been a supporter of the project (and still am) but its at times like this why you do question investing in the riskier side of the market.
Lets hope that:
1) Funds are raised and WEG is out
2) The Cockatoo drilling program comes up trumps
3) Our newer corporate partners have better morals
4) The Chinese slowdown isn't as bad as forecast
5) Irvine Island project progresses
There are more on the wish-list but enough for now.
GLTA.
Cheers,
Snagger
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