While GNS has 600m debt under current liabilities, the core bank...

While GNS has 600m debt under current liabilities, the core bank debt due at 31st of Jan 2012 is 340m, with sales settlement on Green Triagle of 170m come by the end of October, plus 23m from Tas Gov, also half yearly profit of 20m, what GNS need is another 130m.
With the continuing depreciating Aussie dollars, GNS's assets for sale will become more attractive for overseas buyer or potential joint venture partners.
I do think GNS will come through this process with a few bruise but not dead.
Also the banks were no longer as panic as during the GFC, I am sure they know it is not at their best interest to shoot down GNS.