But there was a time when NRWwas owed $34.8m according to the SPR annual report .And it seems to havewritten off that debt in exchange for just $2m cash and $2m via 20 millionplacement shares back in April when the 10c raise was undertaken ….. So it’smore than $30m down in ‘cash owing’ ?
Testing my memory Sabine! I think the major settlement between GCY and NWH occurred when GCY was put into Voluntary Administration (and the NWH contract was terminated). A final settlement occurred in the GCY re-cap (@ $0.10/share) where NWH was paid $2m cash plus 20m shares @ $0.10/share for $2m.
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