Hi Solo,

With regards to your statement of "To make it to the end of 2009, Connacher is counting on fully excercising their 200 million of credit capacity."

You have misinterpreted the slide. The slide in question shows that at the end of 2009, they will have 9 million in cash left over from current reserves (granted, not a pretty picture anyway). They do not anticipate dipping into their credit facility to get through this year. The slide shows that they would use the credit facility in order to complete Algar in 2010. A bullet on the same page shows: “Dec.12, 2008 cash position sufficient to fund capital and term debt interest payments through 2009, without drawing on bank lines”

Hopefully this helps you feel better, if only a little.