10c is coming ?, page-19

Thanks CL, I was the channelling the "chi" and then would you believe annc comes out this morning, lol... well let's hope the proposal puts a rocket up the sp or else a very long beach walk into the distance may be required or a few laps of the neighborhood to cool down :-)

Thanks also asf for your post ! - yes admin averted and a point that some on this thread are not getting !!! :-(((

So its now worded as a "refinancing" proposal and not a "recapitalisation" proposal, meaning less dilution or what are the main key differences, anyone shed any light ??? a refinancing deal with the banks I would assume on new terms with a capital injection ? also do we still have Blumont as a major shareholder under this proposal ?

finally, the deadline from banks was April 30th and also due date payment to Sedgeman, so with a deal struck a whole month earlier than deadline, do we assume it is a good one for the company, key parties and shareholders ?