Ann: March 2014 Quarterly Activities Report , page-45

JS "the debt and hedge are settled at the same time."

Crap....they have five years from 2013 to end the balance of the hedge if they want.

Perhaps you should start reading the AR and get your fact right.

You stated "Nowhere have I described what you suggested, its a fiction and you know it."

Me - "Again do you seriously believe, all that hedged money above the debt is some how going to go into the bankers coffers."

You "YES - that is how hedges work. Dontchaknow?"

That not fiction that is you answering my question with an emphatic YES. Want more????

ME "but they just don't take loan and the farm as well."

You "More crap."

Again that is two times now that you have emphasized that the NAB is going to take anything form 140-176M dollars for nothing.

Now I am convinced that you are stupid and know bugger all on how a hedge works.