agenda takeover, page-5

Methinks worst case is that all the gear is pulled out of South Africa and brought over here to the Panton Project. At least a significant amount of that would be fully useful here, and would allow a fast ramp-up of that project. But at this stage, the recent sell off is almost certainly the big banks needing to free up some cash in anticipation of trouble ahead where they may need bigger cash reserves than they currently have, hence BoA dumping hughe volumes recently. I still think that it is a big buying opportunity for the smaller investor who has cash on hand (but wish I'd bought back in today rather than Monday!) while the big boys are dumping and the company is well cashed up after their last placement. Certainly the local community may be hell bent on destroying the golden goose, but hopefully reports of increased production with the new contractor are still valid and once the local dispute is sorted things will return to full production.