call to investor relations, page-24

They need to DBCT sorted in 2009 well before Christmas. You do not want to be flirting with the Feb 2010 corporate debt deadline like they did with Powerco and Feb 28 2009 debt deadline.

You can view the DBCT silence in two ways:

1. They are getting down to the nitty gritty stage at negotiations are beginning.
2. The bids are lowball and they are working on a Plan B.

Either way, there needs to be action before the end of the year.