A40 Administrator update, page-26

Hi Sjlasx, if they are "banking vultures" as you so defamatory call them then perhaps they are just offering a loan so that A40 can commence operating again , it would seem if the VA is looking to taking out a loan then it would be A40 that remains as the operating unit would it not, at least until we know what the rest of the plans are?

Might be good for GXY if it helps recover some of that Equity investment as well as getting their debt back as I have a feeling GXY is going to need all the money it can get in the next few years if it wishes to survive with its current portfolio of low to non producing assets and high corporate costs.

But you seem very emotional about the proposal