the banks position on ozl, page-11

If Ralph Norris from the CBA has come out and stated on the public record that he would not call in the administrators if the MM deal fails then surely the other Australian banks will also fall into line frightened that the bad publicity could be to their detriment.Imagine this scenario- taking into consideration the desire to keep quality assets in Australian hands-
(1)one Aus bank wants their money and scuttles the whole deal-hardly likely with 125,000 individual OZL shareholders to answer to, let alone the whole nation
(2)the new recap consortium have said the loans will get repaid.
(3) the rights issue if it's dicounted enough will be huge -again 125,000 individual shareholders.
(4) the sale of Matarbe will appease the O/S banks-$200 plus mill.
(5)We get to keep all the Assets that MM were stealing including Century with the prestrip now down to pay dirt.

And finally the long dejected shareholders get to see some of their hard earned materialise in a decent sp.