Guesses on Mountainside asset sale and Tranche2 Appeal, page-2

It is simply futile what this company announces or not in this regard. SACL, Cascade Coal, River Energy, Mountainside ...all deals have failed to add value to this company. The most likely explanation why they keep silence about the sale of Mountainside is the fact that they figured out a lower than expected resources base. At this point in time the stock is a call option on the court case in Singapore. Legal costs for this disgrace have summed up to 20 Mio $ mio $. If they are in a postion just to cash in lawyers fees this would create substantial shareholder value.