interest rate on $500k, page-20

FACTUALLY INCORRECT!!!

"Stop moaning.. This is pretty normal for 3rd tier bridging finance of a high risk project. It will either come off and $75k will be a drop in the bucket or it won't and they will end up with the same portion of bugger all that we'll all have."

FACTUALLY INCORRECT!!!

They get their initial investment back - Guaranteed!! SECURED LOAN!!

SHAREHOLDERS WILL NOT GET THIER MONEY BACK....so we will not have the same portion of bugger all....we will have less than bugger all.

Please explain otherwise....I'm really interested to learn how a guarantee of security ranks only on par with shareholder investments...:)

That's a hell of a lot of difference in what is FACT and what is DESIRE!!

Please present facts....not preferences and desires represented as facts...it make everyone look silly.

My Desires & Preference is an appreciating SP....
.....But that does not detract from having a wide enough scope of assessment to form a negative view of the deal, and management of the financing fiasco in its entirity.

If I can separate things, I' sure anyone can:)

You vote for a political party...doesn't mean you agree with ALL their policies does it?