CJS - you said:
"This will be resolved IMO after the unsecured bondholders have been removed from the equation - which will occur in March this year - the largest being PNG Ports".
Not being a Noteholder, I must have forgotten the significance of that. As I recall you are a noteholder, could you please explain the mechanics of the unsecured noteholders being 'removed from the equation', their numbers, and your view on the implications? Thanks.