I see that Cannacrap's job has now been handed over to TD today. Even more surprising is the designated buyer for today is ITG buying up massive quanties of $9 worth of Falcon every minute or so. If they keep this up for a month or two they may actually build up a position again!!

Thanks John for posting the timeline for production from the Mako. One thing we should keep in mind with that two year deadline is Renova's and Burlingame's stake in seeing some form of limited production happen by then. These two big players have almost $100 million invested after being privy to all the technical data on the Mako. I would not expect them to walk away in two years time if no other JV has been found, but rather would take complete control of the board and spend maybe 10% of the original investment to secure the production rights in the Mako. This is all just speculation on something that may never happen, but it gives me some comfort to think that Renova and Burlingame have not bailed and know a hell of lot more than any of us about what is possible in the Mako Trough.

Regards Paul