negative remarks, page-5

There are other reasons for the weakness in the share price that I can think of. First of all the financing issue is unresolved, still. The longer it takes to come to a conclusion, the higher the pressure to do something quickly. They are not in a comfortable position for negotiations. Secondly with Mt. Cattlin put on care and maintencance one could argue that GXY could take a provision for a partial write-off of this asset.