Ann: Unitholder Update March 2012 , page-7

They cant sell assets at less than 95% until july 2013, by that time debt will be just about gone anyway. should have debt down to about 40 mil by end of this year.
the market value of the portfolio is around 79% of face value.
But the running costs are too large for the small portfolio and that is taking away potential debt repayment capital. it will still take a while to get the gearing down to 50%, and hard to sell the portfolio until debt is paid down. i figure we will need to wait till july 2013 to see resolution.