eld debt looking forward, page-6

Elders net debt will be under $300 million when they announce their 2012 full year results.

With $250 worth of assets up for sale, I suspect the bank will be very comfortable waiting 6 months for these transactions to occur.

As long as the business is not bleeding cashflow which by all accounts has been stemmed, the banks will be very comfortable especially with the outlook for agriculture.

I suspect, that there will be huge interest from international entities once forestry and futuris has been divested and Ruralco know this. That is why they are putting so much pressure on elders thru the media.