ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

Lenders Last Chance to Save "The Scalping"

  1. 2,356 Posts.
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    LENDERS,

    HERE IS YOUR LAST CHANCE TO SAVE A SCALPING and significant transfer of wealth.

    ARI needs funds to weather the storm and deferral of debt to avoid YOUR CAPITAL LOSS.
    There are two things you should consider doing.

    1/From this agreement there is an outer for YOU THE LENDERS SHOULD CONSIDER-You can defer debt repayments -retaining your Capital

    "(noting, for the avoidance of doubt, that an ‘amend or
    extend’ proposal in respect of some or all of the compromise debt does not of
    itself constitute a Competing Proposal;" ----from the restructure proposal

    2/YOU THE LENDERS can provide working capital to weather the current temporary storm -maybe allow capitalization of interest for a time.

    "(it being acknowledged that the Company may seek a
    working capital facility from a third party as this is not an alternative to or
    inconsistent with the Recapitalisation),"----from the restructure proposal

    DO BOTH and NO NEED FOR A SCALPING ,which YOUR shareholders won't appreciate,nor a Capital Raising passing Control to what you could suspect is an asset stripper without care of your funds invested and SOON with pre emptive rights over your investments physical assets.

    DYOR + DYODD What's the loss of 1.2Bn to banks anyway-----Just an accounting entry I suppose.
 
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