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
ETW Price at posting:
0.0¢ Sentiment: None Disclosure: Held