Regardless of the decision the price will head north fast If GSO...

Regardless of the decision the price will head north fast
If GSO come on board the total debt reduces by say $800m to $1bill - even thiught interest payments are higher than current , the debt reduction is significant, IMHO the share price is being held down/capped for the rights issue by the only benifiter GSO as they are the only one who gains significantly from a low share price value for dillution purposes
If There is a government bail out of whyalla and also if all the lenders collectivly agreed to take a say 15% haircut, have their loans SECURED and with the profits from steel and molycop and a breakeven on Iron Ore
Things could have a better out look
Also who knows tgere could be a suprise TALEOVER bid at 12c-15c that puts a rocket under it
All IMHO