Ann: RNI Appoints Royce McAuslane as Managing Director, page-63

Shady, the budget was prepared with a profit! You don't seem to get it. The revised numbers have the POG at 1150, if I remember.

The talent of which you refer and I do to, prepared these numbers. You didn't, I didn't. The POG numbers in the financial plan fall within the boundaries of your so called crash. Its not is volatile to be frank. The crash occurred well before the our submissions or case was put to market.

I realise the finance market is tight, but really on a 4 year loan payback and the talent and credibility you refer this should have taken us over the line. That's why you employ talent, not to use the term loosely, but to influence stakeholders (internal and external) with your plans, incl financials. Talent is a businesses key point of difference. Talent will take you there in any market based on plan and financials, especially the one RNI has put forward.

The real Q Mr shady, now is not whether the plan has been put together in a usual business like manner and says the right things. Its now a question of whether (outside stakeholders) think its all BS and not even prepared to believe there is a 4 year payback. Anyway I will be more than happy for RNI to get us through this position, but frankly its taken too long. On the other hand well also have to assume why no financier has backed the deal by Dec, if that also is the case. A tough market is simply unacceptable, based upon the plan.