Mon Jul 30, 2012 10:57 pm
Mon Jul 30, 2012 11:06 pm
Nuclearblue wrote:Will we still be nearly 80 million in debt ? and growing bigger every day.
Hmmmm
Mon Jul 30, 2012 11:40 pm
Nuclearblue wrote:Will we still be nearly 80 million in debt ? and growing bigger every day.
Hmmmm
Tue Jul 31, 2012 12:02 am
Tue Jul 31, 2012 7:18 am
Tue Jul 31, 2012 8:03 am
Blackwood_Bluebird wrote:Feel slightly concerned, however have no choice but to give it time and just hope things get sorted as promised!
Tue Jul 31, 2012 8:22 am
Tue Jul 31, 2012 8:34 am
Nuclearblue wrote:Will we still be nearly 80 million in debt ? and growing bigger every day.
Hmmmm
Tue Jul 31, 2012 8:35 am
Tue Jul 31, 2012 8:39 am
Nuclearblue wrote:Will we still be nearly 80 million in debt ? and growing bigger every day.
Hmmmm
Tue Jul 31, 2012 10:05 am
Nuclearblue wrote:Will we still be nearly 80 million in debt ? and growing bigger every day.
Hmmmm
Tue Jul 31, 2012 10:16 am
Tue Jul 31, 2012 10:34 am
BigGwynram wrote:Personally I see that as a positive, if the Malaysian's didn't see the potential here to make a profit, they'd have bailed out by now. Every extra penny the debt goes up drags them deeper in as far as I see it.They need to make us successful to get a return, and that will be OK by me.At the end of the day if we had a total asset stripping fire sale we could not raise twenty million, so as the saying goes if we gonna get hung, let's get hung for a sheep rather than a loaf of bread.
If we ever do have to go into Admin, which I don't think we will, then we may as well go in with a five hundred million pound debt as a five bob debt, same assets we got to divide out, and we'l be in no worse a position than we were when they stepped into rescue us.
The difference with our debt this time, is we have a backer who can pay it of with a pen stroke. This bloke ain't come here to fail, enjoy the ride.