worst case scenario, page-66

Hey Mike

thanks. A few reasons why I have put a bit into CHM money wise (which am happy to lose)

* I like the David versus Goliath situations when I think there is a balanced argument with debateable outcomes...like CAZ vs RIO (i lost a packet on that outcome even though CAZ was legally in the right...the WA premier over-rode the law to give RIO the tenement)

* I do believe Grimaldi did wrong in this situations and going to court now this could be corrected

* I think CHM have a good case and a good team with a fair to good chance of winning in court

* If the funder doesn'r end up with 100% of the money if they win, CHM may end up with some ok money and get on with exploring something of value

I've got nothing against MMX...I reckon they are a stella company going places in a big way....I just think CHM got a bit of a raw deal and faced extinction if things wern't corrected and this now being in court, I think there is a chance CHM might be thrown some justice.

It will all be over in a few weeks...the case anyway...then the judgement financially will be handed down 2-4 weeks after the case ends.

Either way its all good and we shouldn't get too worked up over it.