nes form the administrator, page-9

The Receivers and Managers advise that World System Capital has presented a revised proposal to the Deed Administrators for a variation to the DOCA. The revised proposal obviates the need for any application to the Court of the sort required by section 444DA of the Act and provides an improved outcome for creditors. The Receivers and Managers are advised that the proponent is committed to the transaction which it considers will provide the Company with the working capital it requires to develop its Cockatoo Iron Ore Project into a long-term, profitable operation. The Deed Administrators are currently considering the revised proposal and it is anticipated that a meeting of creditors will be convened on or before 7 April 2016 for creditors to consider and vote on the proposed variation. We request shareholders refrain from contacting the Receivers and Managers and Deed Administrators at this time and refer to announcements which will provide updates as the transaction progresses.
Could have a white knight riding in on a black charger here. Cockatoo iron ore project might go ahead after all. Though how long is long-term. I could be 6 feet under by then.
Good to see you back Pat.