Yep, totally agree Rebel.I am still adamant that PH will be 100%...

Yep, totally agree Rebel.
I am still adamant that PH will be 100% retained. Not in the banks or shareholders interests to sell it.

That article about Govt Assistance was very interesting. It makes a lot of sense for the Govt to step in with Guarantees to hopefully stop more Job losses in the Mining Sector.

Either way, I believe only one Oz asset will be sold to pay back the overseas banks, probably Martable, and in a couple of months Oz will start seeing the benefits of PH being Operational and Cashflow being positive for a change!

Hopefully management has learnt a very important lesson from all this i.e. "If you spend more than you earn, you will eventually go BROKE"

I'm happy to hold this stock in 2009!