C'Mon Norm, page-12

Sounds ominous to me. Only two outcomes; They have either refinanced and come up with a survival plan (though at what cost ultimately) or it's curtains. Trading and SP movements these last few days indicates the news will not be good. But there's no such thing as insider trading in Australia so maybe we should all ignore the warning signs. We all know that. The catastrophic sell off is due entirely to investor nerves about the iron ore price and WDR's ability to keep its doors open b/c the whole project was started without any foresight and is clearly not a feasible model. Anyway let's hope there is some way out for us all. I say sell it to a professional outfit, even if we end up with 10c a share, at least its something.