what if, page-18

Hi Guys, my first post here

been watching these posts for months, I've been holding since $1.10 and just trying to work out WTF management is doing??

I agree with Mark, AJ, Mx, Nusery that there is life still in this stock.

the numbers in the financials don't suggest that Admin should be an option even if MM falls thru, I'm personally hoping that AM has some brains and is buying time to that he can build the cash reserves of OZ while FIRB is in motion.

the way I see it is now that PH is running and no longer sucking 100s of millions of $$ then it will be adding to the profit line now.. so I did read that the cash reserves were up on last month by about $50m

so next month a possible 50 - 100m with PH adding
sale of Martabe and GG 400+m

so possibly by next month 400 + current cash 150 + 100 for the months earnings

600m in the back by the end of next month.. shouldn't this be enough to get rid of Facility A?? I believe that is the problem one. Refinance the rest and tough luck MM??

just my thoughts.

Cheers