Have a look at what you are saying "CR, no way, SGH got to take...

Have a look at what you are saying

"CR, no way, SGH got to take the bitter pill. Who is going to give them even a single dollar"

This one statement of yours should put everything into perspective for you!

Put yourself in the BANKS shoes. Are they going to extend credit? Extend terms? Wait for reforms to happen and take hold? - It is the same thing as giving them money. Once again look at your statement above "Who is going to give them even a single dollar"

The BANKS are going to want a huge chunk of money to reduce debt IMMEDIATELY. So although you may choose to think a capital raising is impossible, I think it may be wise to start thinking about at what price someone may be willing to pay for shares in SGH. The BANKS will not care if SGH raise money at 10cents and completely wreck the register.

So have a hard look at what you are asking and think even harder about the consequences of such a reality.

Every analyst and financial commentator seems to be convinced that the answer to your question above is "No One" and that this includes the BANKS.

You can filter the financials for all the bits of good news you can find, but there is only one piece of the financials that needs to be addressed with immediate effect and that is DEBT. A 30-50% immediate reduction would almost certainly be a compulsory part of the proposal to the banks.

Enjoy the inflated share price as the SHORTs cover and give back shares to the Insto's that want to head for the exit.

The writing was on the wall, but the wall has seemingly collapsed into a pile of rubble and AG is trying to put the letters together to spell something .

Peace