timber1956I dont think the lenders are shitting themselves just...

timber1956

I dont think the lenders are shitting themselves just yet. They have just as much to loose as the board!

I suspect that they were happy going along as they were and the board rightly so wants stability, which means a longer term agreement and lower interest rate!

This may just trigger the banks either to dragg the process out further or dig their heals in and ask the board for an equity raising to reduce debt.

Either way we may get to a resolution sooner rather than later now.