I think another thing that MCW has been stung by on the NTA values has been the falling $A. This has increased quite a bit (10-15% rough estimate in the last month or so) so it would seem that there may be an actual reduction in part of the debt if you want to take in all possible risks. This may level out if values decrease but still much better IMHO. I am going to do some serious working out of the debt situation over the weekend but i think they have this well in hand also.
MCW Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
