Ann: Request for Suspension Extension, page-125

In hindsight, I think we have to take prior company communications with a truckload of salt.

I think prior P&L and asset valuation were based on a fair-value model which no-one now has confidence in.

I am not sure that the tier 1 debt etc is confirmed which was justification for high recovery / profitability etc.

In terms of cashflow business has generated, I am not sure if we have visibility of tracking this back to debt acquired to give confidence that capital raising and borrowing haven't been used to make company seem more profitable than it was / is.