the solution, page-7

The Company Solution to help Refi.

1. Michelmore goes. CFO too. OH reinstated.
2. PH completed by December working 24/7. In China it would be finished by now.
3. Century and all zinc closed.
4. 1000 + Job cuts (so sorry about that but this is survival mode)
5. Institutional Placement/rights issue
6. Asset sales
7. Convertible debt/equity swap.
8. Another bank found in sydnicate ASAP. Rogue removed.
9. All capex immediately cancelled on everything other than Prominent Hill
10. Maybe even resort to retracting committed capex to buy time for PH.


These are the tough decsions. All painful but company survives.

Peace.