re: will pay interest on etwg notes Well let's not forget that...

re: will pay interest on etwg notes Well let's not forget that E&T WILL be paying the interest in Oct 2005 as stated in their Prelim rpt 13-09-05.
As for E&T going bellyup in the next 1 to 2 years I would point out that ANZ have re commited their support for E&T until Dec 2006.
Furthermore,on the outcome of 333 consultants report,ANZ lent E&T an additional $10mil working capital in July.
So it would seem ANZ's and 333 consultants view is contrary to that of your distinguished friend