i can see everyones point, but the way i see it, its either pay...

i can see everyones point, but the way i see it, its either pay 10.8 now and go bust or pay roughly 12 at 31 december. I know which one i would prefer.

we have one shipment which will definately go through before then as docks would have been free for roughly 2 months come december. 1 shipment worth the 9m + 1 more + working capital places the company in a completely better position for the medium term, not considering the crystalisation of SBLC of 40m.

one break and we are free, all we need is time to get to feb and ADY will be receiving tens of millions for money owed to them. We have been granted time till december, thats only roughly 2 more months and we get money owed.

if management cant do that, im not sure what PT could do.

In regards to the RLL demerger, IMO i dont see it happening until IO business is secure and running on its own. i personally see it happening march next year.