nsw will liaise asx soon against the restructu, page-7

PeterBills,
Thanks for that. I also find it funny that up to Janaury this year Ignot was willing to defer the repayment of the loan, and for the last one or two years the company was proudly spouting that it was not carrying any debt at each annual report, but at that stage the Ignot loans were to be converted to equity. I just find it strange that all of a sudden instead of equity, Ignot are calling in the loan, leaving all other shareholders high and dry and totally out of pocket. I still say well if we are to go down the gurgler lets take ignot's shareholding with us. I cannot help but think this is also a play to counter the NSW not guaranteeing the PTTC for the $95million and for Saville to get his money back.