John.. you cease to amaze me.. you really need to take your head out of your butt and realize this just gave LBE a future.

We are now partnered with a company who has the financial capability and the willingness to grow and developed our current properties (both Nickel and Cobalt). I believe these are the same people that at the drop of a hat were willing to provide huge amounts of cash for the cobalt/high arsenic processing facility needed to extract our McAra ore (if proven profitable).

We will now have working capitol, debts paid, and a partner who knows the industry and has the patience to work together for a prosperous future.

As for your comment on no S/P growth for a while.. do you not think that with money behind us the S/P will not rise and stabilize? Come on.

Now step back into reality.. and think.. $30 mill cash that we are not stuck paying interest on… in these horrible economic times????

The U.S. note holders are out of the picture (wasn’t that one of your original main beefs?)

Lets also remember… we were well on our way to bankruptcy. This is a complete 180.

All I can say is.. thank you Gary and the rest of the LBE team for the hard work and dedication.

Quaz