mt kellett definitions, page-10

Nelly,

No problem mate. When I saw the transcript I was mortified since I was sitting next to the person who asked that question.

For me there are two aspects to NC's response.

1. He doesn't believe "we'll need to test that". To me that is legalese for, well, "we'll get the lawyers to talk about what approved means....if we have to.

2. He isn't afraid to get lawyers involved. This is going on the past.

3. He doesn't think it will need to be tested. The implication is clear. He believes TOL before October 15. Now let me be clear just becasue I think he believes it, it doesn't mean he does in fact believe this and also it doesn't mean he's right.

4. What he gets told by AELB and anyonce else and what can be announced are different. One or two other posters may have also said something to this effect which I agree with. He may know the EXACT date of the TOL issuance. In fact he probably does. But it's not news and it's not announceable until he is toild its announceable and he has the laminated bit of paper that says TOL.

DISCUSSION: WHether TOL tomorrow or 5 years from now, I am convinced he knows the date. Why wouldn't he know? It doesn't help or hinder THe politics, the AELB or him that he knows. They know he can't announce it until they say he can.

Not to get biblical on y'all but one of my favourite sayings is this:

"By their actions ye shall know them".

Look at the announcements. Listen to what our CEO has stated. Listen to the language. Listen to the women beside him too on the teleconference. Look at the fact that money is still being spent on asset development. Look at the forward thinking, forward planning, phase 2 expenditure when phase 1 isn't lit yet.

Look at the actions and deed. Judge this.

Cheers and good luck.

ANOTHER HIGH QUALITY POST FROM COPPERTOP IF I DO SAY SO MYSELF. HIGH QUALITY YEAH.