my theory/hope, page-29

Regardless of the decision the price will head north fast
If GSO come on board the total debt reduces by say $800m to $1bill - even thiught interest payments are higher than current , the debt reduction is significant, IMHO the share price is being held down/capped for the rights issue by the only benifiter GSO as they are the only one who gains significantly from a low share price value for dillution purposes
If There is a government bail out of whyalla and also if all the lenders collectivly agreed to take a say 15% haircut, have their loans SECURED and with the profits from steel and molycop and a breakeven on Iron Ore
Things could have a better out look
Also who knows tgere could be a suprise TALEOVER bid at 12c-15c that puts a rocket under it
All IMHO