Loading up the truck, page-4231

Christopher

When you hear optimisim from Caledonia - it is normally a sure sign that ye are all DOOMED.

It isnt a proper market. Gearing levels have pushed out all institutions with investment in mind and fetched the barbarians at the gate. Fix the gearing in 2017 ( we have been through the methods/sources of net cash umpteen times ) so that the underlying ongoing earnings are in kilter with debt levels - and it is not all fixed because it will still be overgeared - but all the bystanders will see unequivocal evidence of the turnaround in play and the fix a-coming. .

Scene 1 Act 1 end feb 17 - maybe a glimmer. Then the directors can say what they have been told / unable to say.

Divy 2018. Fixed?

Mel ( in not doomed yet mode - actually quite chirpy)