possible default on debt, page-36

Evopilot none of those figures u mentioned would matter if the stock goes into liquidation - who would pay market value for mbn assets. When in liquidation it is a buyers market. The lender will be happy to sell to get their money back or minimise their loss. Whatever is the case the lenders will control the negotiations not management. A value in an assett is in the demand. Evopilot just check the rate of closure if stagnation of nickel projects over the commencement and u will c what I'm talking about. Even tier one assets are not producing the suitable cashflows at the big end. I am not having a go at you evopilot. I am talking from experience. When you r investing into hope or possibles it is ridiculous risk. In fact it gambling. Better off playing black jack - at least u know from the outset the odds are heavily stacked against you.