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JustForFun7

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JustForFun7

Re: Implanting post# 19165

Tuesday, 01/01/2013 11:21:09 AM

Tuesday, January 01, 2013 11:21:09 AM

Post# of 26631
yes that was my interpretation of Petabulls comments as well. I guess we could have been wrong about it applying to land being sold. That's the nice thing about being a tea leave reader, you can make it say anything you want.

Taking on a loan does not directly add value but gives you the leverage to unlock value in the future by developing your resources. And I certainly don't think people are saying the value to be added by the loan will be limited to an additional 130-140 million of market cap (a 80-90 cent share price after the addition).

No doubt the loan gets things moving again in Spain, hopefully it lives up to it billing.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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