when does the patience of the banks run out?, page-5

So, so confusing. Banks demanding money, the company supposedly selling assets, deadlines never being met, a world class mine now open and operating, a takeover at ridiculous prices and extension after extension after extension.
The reality is the banks know this is a stupid situation also but a couple have their hands tied and the others have little scope to take up the slack. This has been an example of a typical rolling snowball...Oz Minerals is not bust and should not go bust, but have been caught by bungling management and world circumstances. In any other world environment the company would be a thriving success - and that's what upsets me!! As poor as the management has shown itself the company simply does not deserve financially or any other way to be in this position!!!!

Perhaps its time for MinMetals to step up to the plate and payout the banks in the form of a loan and then work on the approvals!!