this should be remembered, page-5

I dont think you understand what the current fin crisis is. It basically is a situation where lenders are not willing to lend without adequate security in their favour. To prove this in point - read the bit about the letter of credit I posted.

Basically the bank is not willing to open a letter of credit unless they get adequate security. This according to this Maria person is not in ADYs favour. In other words if they go ahead with it they will be worse off. So the alternative is to do nothing. This means no money. And no money to continue with projects. NOW TRY AND FATHOM WHAT WILL HAPPEN TO THE SHARE PRICE - I WILL LEAVE IT TO YOU.

You also state that the fundamentals have not changed. What does that mean? Commondities are falling and the company has no money to extract whatever it has. So how can you say the fundamentals have not changed??????


I dont want to get into a bun fight but statmenents must make sense.