l,
Again,imo,to refinance mae one would need to be familiar with its history as balance sheet alone would not suffice.So it's a glowing endorsement Fortis and CO are continuing with the finance.
The suggestion they are doing so bc they have enough equity needs to be confirmed by pomhat as i don't believe it's true.
Normally i would but here,I am not following the Board or their cash at bank or their strength in their balance sheet or their asx annoncements. I am following gas reserves from independant reports that constitute valuation that is only realised when gas is flowing, That's why I say I am following the money for their support speaks volumes under the circumstances
Not rocket science
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here's some very interesting info, page-63
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