Yep, from what I read its total assets - agree it doesn't make...

Yep, from what I read its total assets - agree it doesn't make too much sense. But they can't take on additional debt without approval of Part B debt holders. Can you imagine how twitchy the lenders are ? Sitting at 2.06 its just a few months of loss-making production and they're sub 2. Or its a drop of a few cents in the exchange rate. Plenty of ways for the shareholders to get skinned.

Big selling from instos tomorrow, time's running short. Mums and dads were given the chance to save AGO, they were the last hope. What happened to the "northern hemisphere investors ?".