Ann: CEO Bulletin , page-10

I agree the extension of the notes is a formality. However I don't otherwise grasp the point of your comment Bill. You seem to be saying it will need to be a 'very very good' deal in terms of bucketloads of more free shares to keep the note holders interested. I guess that's the conventional deal when you are cash strapped like MST - but although that secures the way forward, in the bywash (can we call it collateral) it still severely disadvantages the LT holders like someone else recently observed. I don't know how we avoid the conventional deal, but I wish there was a way?