Agree Guru, that the announcement, and its timing, is key. If it is just "we got an extension"., we are in trouble. If however, an announcement and comprehensive clarification comes out Monday, there is a chance to recover if it is medium by which they extensively brief the market (including, most importantly, the press and analysts) with all the reasons for this debacle, what they are doing next, why we can trust them, Century is cash flow positive, update on spend and progress at PH, etc. Then - assuming the weekend press reports about strained liquidity are wrong - we have a chance!
Management has huge work to recover on this one and a simple announcement re the extension will not help us. This whole episode is an (as yet) unexplained disgrace.
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