update on las lagunas project, page-40

Geez, 6 weeks to wait for a motor.

There can only be one way for the SP until then and that is further down.

Impending resolution of "fiscal cliff" providing skittish markets, expectation of another small CR and further dilution particularly if the motor is not the only additional problem that arises in the meantime and general knee wobbles about the whole engineering process. A third major problem will turn perception into reality that the whole plant seems to be coming apart at the seams.

Current prices or sub 10c will turn this into 1 hell of a bargain if & when the process is proven.

Not sure which way to play this. If I were to top up at this price or lower it would be a pure gamble based on the unsettling news of late.

Hold on and hope I think. Sub 10c maybe worth an additional capital punt.

GLTAH