xolobini will it ever happen, page-7

Cagedrat,

Just a few comments re your questions which i did not address.

Worst case scenario for the share price is probably around this level to be honest. Taking into account ALD holdings and cash and the recent divestemnts, I guess 13-15 cents is a fair price. If ALD goes up, then MRC value will go up too.

As for X, more delays I think will be as good as being knocked back because the market has priced in little value for X. In many respects, a knock back may be a positive because they will have to move on, but ongoing delays will death by a thousand cuts.

Hope I am wrong for the holders sakes, but I have re-examined my investement philosophy and think that the time to cut my losses is know.