BBI 0.00% $3.98 babcock & brown infrastructure group

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  1. 438 Posts.
    Your right,it does not leave much time melua

    if a sale of DBCT requires a little longer than Feb 2010 to be completed will the banks pull the plug? does not seem in their best interests but that is my opinion,fact is no one except the banks know what the banks will do.
    If Hamill is being a good little puppy dog and doing what the banks are asking of BBI then IMHO they would give some leeway if they see light at the end of the tunnel.
    I would think the end of September is the latest for a deal to pay on time Feb 2010 debt?
    Plan B ? I like your idea,unfortunately it is a one sided conversation as we need BBI management to explain their position and we will not get that until DBCT is sorted ,one way or another.
    I don't want to sound too negative,we have had a nightmare 2009,it is good to see ships are lined up at DBCT and augers well for a sale.Personally i like the cone of silence,its professional and what i would expect in my business dealings.
    Hamil still rates IMO as a good boss and is doing his best in very difficult circumstances,will it be enough? Time will tell.

    I hold Beppa
 
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