Alita Restructuring_ Final Countdown, page-3

This is playing out like a movie. I’ve got some questions you may be able to help with:

1. Assuming that CHEL is a Chinese company, wouldn’t their proposal require FIRB approval?

2. If FIRB approval is required, isn’t this highly unlikely to occur prior to 11 Dec 19, when this is all meant to be sorted?

3. What do you think the likelihood is that the VA can secure ~$44 million AUD at advantageous rates within the next few days to even make this happen?