that possibility was raised by a poster the other day...total fear-mongering IMHO
CNP/CER have nothing whatsoever in common with BNB....
the BNB noteholders voted BNB into administration because they had nothing to loose. BNB management had indicated that there was nothing left for shareholders and SFA for noteholders...
CNPSA's sole purpose is to ensure that the ultimate 90% dilution will never come to pass...
GR has gone on record saying that they are currently seeking a better alternative now that the debt is stabilised.
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