Refinancing12 Sep 2012 14:24
Lowie and BITB, making good points about this. Personally, I do expect them to announce re-financing agreement relatively soon . Looking at the last RNS it seems this is a top priority and already engaged in conversations so they don't seen to be waiting for the existing contracts to run out etc.
As ever, with PAN/BTC time frames are relative, but it should happen within the next 4-8 weeks I would say...
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On another subject, it seems the sp is currently consolidating and holding quite well after recent rally (RSI still shows overbought) and still above 200 dma, which hopefully should be a good resistance for us.