The Put holder has no interest in exchanging its contractual...

The Put holder has no interest in exchanging its contractual right for a hopeless situation of increased debt where it could face even less possibility of a return.

The coy will run out of cash soon as well it also desperately needs to be able to operate fully including contract making. We will hear soon .

The article was as uninformed as the Glaucos report and it would be sad to see this company used for political point scoring. The new Gvt has shown by its actions it is ready to tread cautiously and will not be playing that game.