Hi Flying Doc,
I don't think anyone is inferring that the 80m is immaterial. 80m is 80m. Moreover, what's been posted is that if the 80m does not come in for whatever reason, it would not be the end of the world. CFE has a market cap of around 200m. The aim is for Marampa and Pinnacle to sold and listed respectively by around years end. If you look at the numbers in my previous post, and even if final prices realised are well below the figures aimed for, it becomes apparent that 80m is chump change in the scheme of things. Again, not immaterial, yet hardly the main game. Call it the difference between Marampa going for 520m instead of 600m. Hypothetically, and neglecting all other current cash and assets, if a Marampa sale was announced on the same day as the 80m disappeared, what do you think the market's reaction would be. Massive, in my opinion. I'll leave it to you to figure out the direction.
Peter
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