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This share has suddenly become very interesting..........watching closely

Although you do make for an interesting read :-) For the record I'm a keen observer looking for an entry......not yet tho. Ps I'm grateful for the info on shorts....thanks both

Gone above 5%........

Regardless of the current dip in commodities this seems to be holding up very well. As someone pointed out production is increasing and debts being paid off. Can we expect an upward move soon? Any thoughts peeps? Matt

The way I see this is that the RNS was very positive with MOST of the lenders on board and willing to accept a "haircut". It was made clear that this was not a debt for equity swap, (the equity is currently worth a fraction of the debt) nor was there any type of shareholder dilution considered. Although a wildly different business, this brings back memories of yells restructuring which brought a massive spike in the share price. That's where the comparisons end of course but people do still go to the pub and do eat out even in these challenging times. For me, if this restructuring goes ahead (and from the RNS I think it's more likely than not) then this has the potential to be an outstanding recovery play. It appears NUMIS at least think so too.... Let's get the conversations going.... Bbb