John Palmer
John Palmer
funding locked lots means option round
We need to do a round of funding now. Schmitz is not the only option -- we have lots of options. We are not by any means locked into anybody,
case domestic intent rather serious
I think this is more a case of noises-off for domestic purposes rather than serious intent by Cyprus.
almost funds higher mandate pension
Pension funds have obligations that almost mandate that they get higher returns.
decided open options sources
We had a lot of options open to us and we decided to go with alternative sources of money.
casino club gambling police running
He never told the police that he was essentially running the club as a gambling casino -- illegally.
crisis represent serious
If they did it, it would represent a very serious crisis,
attention beneficial crown exploring fixed float free greater paying price public reaction share stage value view whether
We think a greater public free float will be beneficial to the share price and it is a limitation. There is no fixed view at this stage about the Crown's reaction to that. But it is something we will be exploring with the Crown as to whether there is value for them and all shareholders in paying some attention to the free float,
approving board decisions ensure further shy tough
The board won't shy away from approving further tough decisions to ensure this continues.
next
Part B is going to have to go up significantly next year.
brutal business running sliding
In this brutal business environment, we've been running fast, but sliding backwards.
below current exists fuel levels performance persist potential prices
If fuel prices persist at current levels then the potential exists for the current year's performance to be around 40% below 2005,
below current exists fuel percent performance persist potential prices year
If fuel prices persist at current levels, then the potential exists for the current year performance to be around 40 percent below the 2005 result.
affected airline clear facing fuel quite result
It's quite clear that the airline is facing unprecedented fuel costs, which have unduly affected the result for this period.
almost approve certain crisis held time
They will not want to be held responsible for triggering a new crisis at this time and are almost certain to approve the budget.