agm questions

Just wondering if anyone attending the AGM later this month could ask Management to clarify Slide 22 from the 22 Aug 12 - Investor Presentation Update. In particular the little diagram at the bottom with the reference to ~$2 shareholder value = ~$1 debt.

What exactly are we to make of that. I know it's an issue we've discussed on here previously, but some clarification from Management as to WHY they've used those figures would be good.

I'm very confused as to what that means .. still!