thanks Recko1Agree with your review. It's helps me to feel like...

thanks Recko1

Agree with your review. It's helps me to feel like I'm getting to the bottom of what may be the bigger picture.

Hedging liability converted to loan mean GJT down a further $3M there.

Not sure about quantum of "other" costs. The way I read the annual report/s, 2009 other costs for consolidated entity plus ASX costs was $10.84M. 2008 was $5.53M and 2007 was $2.14M.

Say "other" costs are $7M in 2010, it still seems they can cover their recurring bills and accrue for capitalising interest obligations (if only just).

Have you see anywhere where they incurr a penalty for early payout of the non senior debt loans?