00:00So, the reason why I'm saying this is that we have to, at all costs, demonstrate the
00:06fact that we can return to a balanced budget by the end of this year, and with every month
00:11that passes, that task becomes more difficult if we can't demonstrate that we are making
00:16the necessary savings.
00:19So I would charge the Board, the Chief Executive, the Director of Finance, to develop a contingency
00:25plan as we move forward in the event that we are going to fail in our current endeavour.
00:31I want to know what radical steps we will take in the course of the next three months
00:36to be able to deliver some of the cost savings that we are anticipating, because if we do
00:42not, we will be in a situation in February where we have no cash, we will not be able
00:47to pay our creditors, and we will also be looking to make people redundant, forcefully,
00:52as the case may be.
00:54So my view is, let us, as much as possible, try to identify what actions we can take in
01:00the meantime, above and beyond what we are currently seeing, to avoid reaching a situation
01:06that, frankly, most of us in this room would find unacceptable.
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