lme --- news, page-30

I really dont think any of this is a big ticket item at present - Wheres the $$$$$$$ how long does it take to send a cheque for $47.5m ? no 3 b yet for the underwriter stock and another deadline for the $100m loan has passed .

O.W reneged on their $3.80 placement and the AFR reported $60m $4.30 placement got canned and the rights issue at $2.50 with a highly prized free option had a $79m shortfall- Im surprised no one is even in the slightest bit interested/concerned about funding all of this on the backdrop of the Xmen and MMG bailing out of the rail spur. MMG have had a substantial cost blowout at Dugald river and put the project on the back burner and the Xmen have apparently been sold a pup from Exco on the $175m CCP project.


Show Me The Money !