Whilst there is rumors, not one person on this board in a week has shown a well constructed case for 100% credit risk.
I feel the company has a lot of bad news factored in and is about to let loose with facts on refinancing, Century, Current Cash and CF position, PH progress and possible BHP interest.
If the company was in admin it would have happened this weekend as Bankers dont wait. Be on the news.
It would have come across bloomberg and CNBC...it didnt. AMazing how silent it has been, Journos would have got a sniff, they havent. Silence is now working in our favour.
Company will open up Tuesday with a short covering rally from hell.
Longs dont have much more downside other than equity raising risk, shorts could be in for a suprise is my read.
predictions tuesday?, page-30
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