wrong - Oaktree lent was it 60 million at 15pc and insisted we...

wrong - Oaktree lent was it 60 million at 15pc and insisted we have 35 million in the bank (from memory) so each year for was it 3 years, they get 9 million and have the security of knowing that if it all goes buts up there is cash in the bank AND assets that may be of some value.

so my guess is they thought they'd be safe for two years and therefore they were actually on risking 7 million dollars if it failed.

Now, they've made 27 million and still have the principal in interest to come for the next 3 years. so a simple guess is they're going to make, at best, 40 -45 million in interest on 60 million over 5-6 years.

at absolute worst, they're going to get their money back....

i think that's what they say.