aed sinopec joint venture...60pct sinopec, page-61

Ignore the part:

"My calculations above for net debt position for AED. I think previous estimates of AED's debt levels have left off the convertable Notes (estimated at $129.8M). KB on NWE thread has indicated that these notes may be a sticky point in current negotiations. (I note that AED's recent cash flow quarterly reports and latest Appendix B failed to detail these notes). They were detailed in the Annual Report"

Copied from another post I made a few days ago working out AED's net debt position before JV announced.

Regards

SP