Ann: Effectuation of Deed of Company Arrangement, page-167

mate come on have a word with yourself, AJM didn’t get all the business PLS wanted, PLS and for that matter GXY and everyone else scaled back, they didn’t want business at that price. AJM got all the business” because they were desperate and not in a financial position to scale back themselves. The rest of the industry just looked on in disbelief. They still don’t want business at that price, Ken is on the record saying he won't consider switching plant 2 on until spod price is at least $600-$650, other producers are also quoting that number. And don’t give me anymore nonsense about why aren’t PLS signing off takes as I refer you back to the previous sentence. The only people signing off takes just now don’t even have a hole in the ground eg PLL, CXO etc.
As for calling in debt early, weren’t AJM supposed to have paid up by August but we’re given another extension? I’m pretty sure note holders are within their rights to finally run out of patience