Ann: Company Insight MD on recent USD265 million , page-15

re: Ann: Company Insight MD on recent USD265 ... Dan,

Some of your concerns are valid.

However, since you demanded for detailed explanation of the debt prior to this ann. You should acknowledge that, this ann has done what you previously asked for.

Even thought this ann does not clear the doubt over the uncertainty of the business future, however you should also admit, this is not what this ann is set for.

This ann did what it is released for, as adults, i think we should all simply just agree on this point.

By the same token, it is the show time for you to proceed with your commitment of displaying yourself in Myer's window with no decoration because LNC has successfully sold the notes with its crap credit rating. I don't seem to remember you had any conditions of what interest rate it has to be or it must not pay off the lower interest debt as part of your commitment. Remember to add those conditions in if you make any commitment next time in the future. (Just joking, dont get offended)

It briefly mentioned GCL and the other ucg potential. Seems PB has not given up on GCL yet. How things pan out, we don't know as we don't have a crystal ball. To believe in the company future or not is a another matter and each one of us would have different opinion.

As you & biggal mentioned, apart from note details and rationales behind it, nothing new that we don't really know. We just keep guess like we always do.