Look, the coy has to put out these announcements as it is material to the business. It is the same crap but at least we know the lenders are here for the long haul. They more than us cannot afford to pull the plug.
We really need to know management's 'recapitalisation' plans, ASAP whatever that actually means to management. This is like watching the public service. (I should know, I recently took up a day job with them - just hopelessly slow). Let's hope we don't all die of old age when this gets to full production.
The lenders team include guys like Nick Farr Jones. He always came across as a Gentleman, even in the height of his fame. I believe they would do as much as possible to assist TGS, not least because it's in their best interests to do so.
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Look, the coy has to put out these announcements as it is...
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