What does Burgess expect from the shorters -They cant lose. They...

What does Burgess expect from the shorters -

They cant lose.

They know there is no company changing acquisition around

the corner that will catch them out and see them have to

rush to cover their positions so they just keep playing

their game day in day out.

If this clown thinks things are going to change with

Carrapateena he had better think again because we are still

going to be a one mine company with all the inherent risks

involved.

You cant keep adding to the PH minelife indeffinately, so

when the day comes to say goodbye to PH the options for

Burgess are going to be limited.

Oh to have a nice second option running at full steam now

helping to fund the development of Carrapateena.

Burgess and his business development team make all the

excuses in the world but how hard are they really trying

to find another fill in before Carrapateena becomes a

reality.

My guess is not hard enough.

Some commentary today says we have a billion dollars in

M&A kitty while the Quarterly puts the figure at closer to

$660 mill. After the purchase of the tunnel boring machine

it distresses me that we couldn't fund that out of normal

operations.

The misery continues.