dead man walking, page-15

Jintao

You are a wally

The current liabilities includes loans due and payable within 12 months, being the $460M May loan refinance and the balance as stated in the notes

They also are to recive $164M from sales underatken before Dec 08 but not settled as at that date.

They are truly solvent

Undrawn facilities of $842 plus $164M

If they don't pay any more distribution save another $260M plus the $164 plus use part of undrawn facility I see no problem

Failing the above we still have the Rudd Bank, Cpital Raising or Asset Sales.

Should decline in values have stabilised as at 30 June 2009
write-downs may be capped at say a further 10% the gearing ratios tight but not insurmountable.

IIF Investment was written down to $15m thewy took a huge loss.

IIF seems to have action on its register went from 0.077 to 0.12 today?

Jintao, for your sake sell out now, dead man walking, end is nigh, the world is ending, aliens are attacking, gloom will last forever.

I thought I was down with all of my losses, but you take the cake.

You bought in at 47 cents (not on a margin loan) you may have received 9.65 distribution How many sahres do you have

Maybe I can take them off your hands for a premium, I hate to see you write these comments