JaaaMaybe you should look at the GNS forum as I have also asked...

Jaaa

Maybe you should look at the GNS forum as I have also asked for some supportive argument for some of these sweeping statements made by posters.

I think FEA have a whole lot of issues and the recent market volatility has me a bit worried but in reality you are correct the bankers are far better off today then the were pre June 2009. The capital raised would have funded any shortfalls. I presume they cut back on expenditure as well.

The negative is the failure to conclude an agreement with the bankers and the IMO gearing which needs to come down.

It is a process during which we are just going to have to wait and see the outcomes.