alonso, it is only the small shareholders who are panicing here,...

alonso, it is only the small shareholders who are panicing here, Noble is in for the long term, just look at the top 20 shareholders, some are still accummulating.
Every stock is down, TTY is no different to BCI, AGO, MCR,MRE,BHP,RIO,CCI,SRL,GRR,ARH,JML,CBH,PEM,FMG,RML,ADY,ABY etc, etc, etc.
This commodity boom is far from over, in fact with all this market turbulance it is actually doing us all a favour as projects are shelved, downgraded and taken over.
China has not changed, oh yes China will say that their growth is down and that demand has slowed. Obviously most analysts don't understand the Asian modus operandi. They are deliberately trying to unsettle the commodity markets. You have to understand the Asian system and people to realise that they are making the most of this present volatility.
Most shareholders don't understand the real China and when they read a few stories about the slow down in China, they panic and think that the world has come to an end.
I can tell you, this is far from the truth. The Chinese people want a better life, they want a car, washing machine, TV and a comfortable home.
AND, they work hard. Harder than you and I can ever imagine. They want a better life and there is 1.2 billion of them, just one city in China, Chendu has 35 million people.
Richard Elman of Noble would laugh at the thought of pulling out of TTY, AND I guess that he was the one who told MK, enough is enough and sent him on his way.
Andrew Simpson may be the TTY Chairman but it will be Noble who will be pulling the strings from now on.
Now that the decks have been cleared of MK, you can expect far better news in future. You can be sure of that.