Your response was misdirected. In that post I was clearly referring to the fruitless and costly process that led to administration, not the cost of administration itself, which by the way, has necessitated the borrowing of $60M as a consequence of that earlier mess. I agree on the safety of being in administration. I have used the analogy before that it is better to run the ship aground than to let it sink.
EDF Demand, page-8
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