london presentation available, page-7

re: lonsec report available.wilf I think it worries most Wilf.

The only solace I can find atm is the position North Sound has just taken in Aim.Hopefully they know a bit more than us and thats why they have just sunk near on 20 million into Aim.Bit of a tenuous way to keep my confidence bubbling along.

But youve just niggled another conspiracy theory in my mind Wilf.What happens if they ann an excellent offtake with agood hedged zinc price for at least a few years.The sp goes up and perhaps makes the C/N's/UK issue not look quite so good if the sp was lower.Brings to mind perhaps the possibility that we may not see an offtake post the debt raising.

d.