article from crikey, page-15

Hi zzedzz, progress has still been made. At the end of the day if CNP is moving forwards although very slowly certainly better for the banks to continue with extensions. And while there is no assurance that any extension will be granted it is a lot different than saying no extension being granted.

For me it all sounds like Glen playing some hard ball again. I agree BTW the banks will play very hard but that is why I think Glenn has decided to make this announcement. Just a reminder to the banks of what they have to lose which is huge if they don't continue to support CNP.

As I said only my take so I could be very wrong but reads more like a nudge for the banks. This announcement seems to coincide with the current extension talks, coincidence? Good luck BTW and note just my opinion mate but I really can't see why this update was made otherwise unless it is game over which I don't think so.