I agree with you both, I think for either a JV or financing the peace agreement, reimbursement and debt pay down had to be resolved first. I'm sure Gunns are aware of exactly what they're getting and the vast majority will come from the Fed's, the political fallout otherwise may be disastrous for the Tas Gov.
I hope Gunns lays more of their cards on the table later this week, so shareholders can make a decision on what they are going to do, their lack of information is frustrating.
GNS Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held