takeover value, page-29

One BBI asset sale by December 31 and BBI is completely out of the woods. When all the corporate debt is paid back, all remaining debt is at the asset level and tied to each asset uniquely.
If the world is still in such a mess in 2010 that not even quality infrastructure assets will be re-financed when the company has zero corporate debt, then to be honest, it will not be worth owning any assets. It will indeed be the end of the financial world as we know it. I just cannot see the Govts and Central banks allowing that to happen.

BBI will be a sparkling gem in years to come and we can buy them for 7c. I still do not quite believe it but I am very grateful to all who have sold to me.