Like you Henry, I am very sad for all the present shareholders...

Like you Henry, I am very sad for all the present shareholders but a lot of them have themselves to blame for following "the house building-golf playing-german banker's friend and man-about-town phuket man;   who provided mass's of impressive calculations and exorted everyone to fill- their-boots-full. And also championed a BoD spill  (He's got his way on this)
Now you will all be emptying your boots as fast as you can on Monday!!!!
What advice would Phuket man offer now??
The basic problem I believe is not the current Co world market price, but the stark fact that the ore body is going to be very
expensive to extract. I guess the former venerable mr.BB new this. It will stay in the ground for some time I suspect.
Meanwhile the price will drift down from an initial vertical drop on Monday and potter along at between 1-3 cents as the day traders make some pocket money. CLA do I believe have a solid ore deposit for the future, so the longer term people will be soaking up the shares on the dips between 1-2 cents as I will probably be doing.
Then eventually a TO will happen for 2cents in the dollar from one of the biggies: BHP, Tyco Glencore, Anoconda, you name it!!
(This post was deleted earlier because I mentioned another company soley as an example not to promote it)