Sitting on the Strand in Townsville in my mobile home at 5 am today. What a view. Wouldn’t be dead for quids. Met a guy in the mining game yesterday at a coffee shop by chance. He never heard of TBA, it showed him what was going on. Announcements etc. I asked him what is happening. Said only three things this will go. 1. Corporate (takeover or privatize it) 2. need time. The company is seeking debt via a convertible note he said with 1.3b shares already out cap raise at 2c is prolonging suicide.3. Wind up TBA.He said seen it a dozen times, guys are way out over the depth. It’s the hardest game in town. He said, you just have to sit and wait, but only 3 options as he sees it. So my muddies are going down, seems better than the director's turkey.What a great place Townsville is. Thanks to a forklift not working at Karumba got 200 liters of diesel for jack sh#t. Won $6k at the casino last night. Hope my mental stability stays up. With current winning luck, even TBA may come good. Am I going back to the casino tonight to double the $6k? Not a mental hope. I may head back to Karumba. Let’s see. Will depend on TBA outcome. Still hoping!
TBA Price at posting:
2.6¢ Sentiment: None Disclosure: Held