Hmmm seems to have been patched up in time to pay the secured...

Hmmm seems to have been patched up in time to pay the secured note holders their interest. As I understand it ASOF gets $700,000 value for $470,000.00 and MST gets to keep the debt forgiveness deal. As well as being able to chase other sources of funds.

Ah well lets hope some funds turn up soon. Adders post looks promising especially as it a US DOD deal and will not get bogged down in endless committees as happens at AUST DOD.

Still cannot understand how the Collins class money pit keeps getting funded - and the latest news - Lets hire some Pommies because our blokes are all going mining - yeah how long do you reckon those guys will take to work out where the better deal is? About 10 minutes with a spreadsheet.