Ann: Trading Halt , page-49

For everyone who thinks this is not Good,

When we took on JB Were's credit deal we were in a very difficult negotiating position and it was factored into a rather raw deal for us.

PNA is in a much better negotiation position now and these deals would have to be better than JB's deal to even be considered let alone stand a chance of being voted in.

PNA's management have performed outstandingly though this crisis, secured contracts and finance to pull us through all this so far.

All this is just adding strength to PNA's overall profile.

I am not worried.