Thanks Ken. That is exactly what the banks will be looking at...

Thanks Ken. That is exactly what the banks will be looking at the Board doing - something along those lines.JV of PH / sale of other non cores / a modest capital raising / cost cutting across the company starting with slashing Directors fees all the way down to the pencils. The only path to survival is to make these tough decisions. They are actually not tough decisions, they only appear tough for these idiots to make. They need to remember they are representing us to create shareholder value. Announcement mentioned discssions, talks, JV's etc etc.There are qaulity assets to be shopped around. Sack Cusack, sack Michelmore. Save maybe three directors. Appoint a new Chair and CEO.