Abu,
In simple English that means Absa hold onto all our cash from penumbra to secure the debt(held in trust), until we start repaying in 2014.
Obviously a sign they could not be trusted, also a risk thing
Vanmag covers marshala, and hopefully our cash flow can get us through
Still don't know about non-core sales but I believe the issue of CCCfalling over are gone
Famous last words eh???
Webk