Guess he has been "away". Totally clueless - auto sector? Irrelevant right now along with SA. I expect PAL to trade in a tight range and low volume while everyone waits for financing announcement. I can not think of any possible good news at PAL right now. I listened to the mtg and while CEO sounds technically competent didn't get a feeling he was concerned about finances. I'm sure he is aware but kept cool about it. In response to a question "when" he essentially replied that 2015 will be the year this all pays off. To that I say we have to get to the end of 2013 first.
The real question is whether PAL price has financing built in or will take an additional hit. Even if built in there is usually a knee jerk reaction from those who have not been following PAL closely.