Scrot, you timed your exit very well, are you thinking of getting back in at this level?

Legend had about 50M in cash at the end of Q2 this year. They've been burning about 8M-10M per quarter. So I'd expect we have close to 40M in cash by end of Q3. With Australian currency in our favor, that should give us nearly 1M in our favor.

Big question remains, how is Legend going to finance 2.6B for the next 3 years. We'll find out in early Nov. If I remember right, they currently have authorization to issue somewhere about 30% additional shares.

ps....we're down over 50% in 2010, we all have a right to whine....although still in the black so not too much.