What can we do about these blood sucking interest rate? Nothing. Because AJL credit rating is equivalent to that of Greek junk bond all thanks to past and some present XO in charge.
But I can see we will survive until end of next year to see if gas flow.
Currently market to book value is about 2.1 time. It should be a bit or a lot higher than this becoz of UK asset closer to flow test.
Any update photos will be greatly appreciated. Anyone? Tina? Thanks.
Ann: Preliminary Final Report, page-6
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