GNS has 340 m maturing in Jan 2012, if we ignore the potential...

GNS has 340 m maturing in Jan 2012, if we ignore the potential joint venture business for the time being, just look at how GNS pay down its debt.

1 GNS will get 107m from selling Green Triangle Foreast by the end of October
2 GNS will get $23m from the Goverment
3 GNS will sell down remaining surplus assets inclduing inventory and decommissioned sites relating to agreements.

All up it will give GNS $190m, which they need to find another $150m from selling other assets? Or the banks will just refinance $150m.

While the situation is not ideal, it is not that bad either?

Any comments? Am I missing something here?