The SAMO dilemma, page-5

DB,

With all the hype about SAMO ATM, we'll really be in trouble with the SP if it does not come it.
CN is so very up beat so I guess we all can afford to be as well.

If SAMO is good, and comes in to pre drill figures, we are looking at 300 mil for FAR, and based on our share price now, it probably will be 40c+. Raising funds will be no probs.

An option they have can be to sell their 15% of SNE now and concentrate on SAMO but however still keep their rights to the PE and when that comes in (seeing that they are so confident of a win) then they'll have 35%, sell 20% of that and still have their original 15%. No money problems at all.

Jordy,

Regarding "impeccable timing to bail", I guess if you can set a conditional sell to say 40c (if you are happy with that price), then you should be just wait for the spike. If it does not reach that, then you have not lost anything.

So all hinges on
SAMO coming in
If not

KKW