dargie - thanks, page-2

"I also understand the risks VERY clearly given current market sentiment and economic realities - specifically in regards to awhat asset sales they might achieve relative to book valuations.."

Can you expand?

From my limited understanding of the accounting standards, assets such as DBCT are in the books at cost price rather than being inflated each year as might better reflect reality. DBCT was purchased a relatively long time ago, and is seen as a very high quality asset. This leads me to the conclusion (hope) that BBI are certain of achieving a sale above book value for this - even in the current climate.

Perhaps you or Dargie can shoot me down on this. I would like to know someones expert opinion.