They have done nothing. They have increased costs, reduced production, left major assets under utilised, done f all on diversification whilst hoping on a whim and a prayer that the iron price would tick up whilst stashing away cash to pay interest and ensure sufficient cash balance for the debt holders.
Sure the debt holders “saved” the company. But pay the f&$ckers out and move on. You are delirious, how exactly have they done a great job?