pif related news, page-24

Agreed it is good the PIF is finally debt free, sad that it had to be achieved through sacrifice of distributions and assets. Have been told the source of the loan will be revealed in the end of year financials. Unfortunately with very little chance of recovering much from OCV any distributions will have to be made wholly from capital in the short term thus diminishing the asset pool further. Also interesting to read Rolfy babes has agreed to set aside his demand for a severance payment from his former employer, Stella Group. Seamisty