[St Charles Owl]

Thats the same story I put up yesterday and while it says they are willing to do it, they still haven't formally done it from what I can see. Its definitely a move in the right direction but now they have to put their money where their mouth is and they have to get the board to agree to it. Doesn't mention what, if any, collateral they will require, that will be a key thing, previously they have asked for seats on the board, not sure they will get that!!