i am agree with you tom. But in this case. my translation is the banks are ready to negotiate deals with alinta to reduce our outstanding debt amount. in media speculations is that alinta management is currently negotiate with lenders for the new debt package around 2 billions instead of 2.7 bilions. If alinta management can be successful on this negotiation, then it is equal to that we have rise 700 milions to pay of debt. I might be crazy, but i like to to think outside the square...:-)
AEJ Price at posting:
5.5¢ Sentiment: None Disclosure: Held