Sarlock I have re-read your post re: cash position and the faunds available to LBE.

What are or could be the options for LBE given the rate they are using their funds. Those fugures we did see were for June 30/08. Where do we stand now?

"I really do see management between a rock and a hard place right now. They can't suspend operations as that will leave them with no cash flow to repay these loans over the next 2 years (the money is already borrowed and spent). And they may not make enough cash from full production at these nickel prices to raise the funds even if they are operating. I guess we'll have to hope that when we start full production, if cash flows are insufficient to pay off our debt obligations, we will still be in a healthy enough position to attract alternative (and more favourable) financing to pay off Salman and JJNICL."

How do we meet our payments or expenses going forward, what are the risks and what could the creditors do?. The next quarters are crucial. Are financings in the picture and at these levels that means some substantial dilution.