Thanks MrMcgeeYou are one of the few posters I do respect here...

Thanks MrMcgee
You are one of the few posters I do respect here as you always listen to both sides and never ramp up the stock with stupid comments.

PB doesn'r have the money to participate in a large CR so he will most likely try and do a placement and will just have to reduce his share of the company.

A huge debt placement is unlikely has they are fairly highly geared already.

I would have prefered that they either sold something or got a large capital injection via a joint venture with one of the big boys with one of their assets.

Guess we will find out after Easter.