sell assets v unlock equity(recapitalise)?, page-7

Great constructive post. i think your right.

i guess i was just ASSuming there was more equity available against DBCT and i thought it wouldnt matter BBI are only part owner in NGPL, after all i can borrow against my shareholdings in a company, so it shouldnt really matter if they only own a percentage, but your probably right.

maybe it was more wishful thinking that some people are saying theres a $4bil buffer for beppa holders, so i naturally assumed that accessing some of that equity COULD be possible even at a 70% debt:equity ratio