I read this as involving:- the sale of Minjar will not take...

I read this as involving:

- the sale of Minjar will not take place at the moment.

- the 'concerns' regarding the loans to MON - possibly that means issues about what security and associated conditions attach to the loans.

- the discussions with MON to 'encourage' them to repay loans. Presumably TTY cannot call in the loans immediately, or consider this would be counter-productive.

Seems it may be difficult for MON to complete the Mt Magnet transaction (question marks over any MON equity raising in view of TTY's position). Still, who knows?

angus