interesting days ahead, page-9

Yes
Seamisty at least it looks as if the PIF are at least partly insulated from the death throes of OCV if JH takes up the option to purchase the RE

Unquestionably Challenger would have loved to get their grubby hands on the assets of the PIF and send us into oblivion as well

One thing i cant understand is that i thought the 63 million debt was loaned by the PIF to L&L and that Arctic had agreed to buy that debt

Surely this is not yet another debt owed to the NAB by OCV against the assets of L&L ?

If so it beggars belief King must have been borrowing money to purchase asets like a drunken sailor drinking pure ethanol