$205 million due oct 30, page-21

Melua, yes mate I'm serious. Why?

A few points....

1. Debt has already been extended once for 3 months. The banks know that assets are for sale, and they are not going to bring down PD Ports only to have to try and sell it themself.

2. BBI currently have $257M in cash and cash equivalents. Of course they don't want to use that (and potential leave the short for other activities), but it is still there... So PD Port is not going to "Topple Over" and bring the house down.

BBI has a series of positives and negatives about it. It always has. I find it amazing how you focus on the positives when you are long, and focus on the negatives when you are short. You are almost one sided..... I read most of your bullish posts a while ago, and now I get to read all your negative ones.

I like to take a more balanced few. As it has been said before, it is all about risk and reward. I see the risks, but I am not scared of them. I also see the rewards, but I'm not shouting from the top of my lungs about $2 here we come. As I have said, I see value in BBI at 8c or 10c or 12c.

What I ask is that you are factual. There have been many incorrect posts on this thread over the last few days, and as many people look to your posts as someone who has knowledge about BBI, I ask that you post both sides of arguement, and not running around like chicken little (i.e. the sky is falling).