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11-07-2012, 12:28 AM
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Join Date: Jan 2009
Location: South of Heaven
Country: Scotland
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Agreed. This all really hinges on how much Jamison and pals are willing to decrease.

If not south of say, $9M annually, then everything and everyone becomes moot because it'll get sniped in referendum. Even between $5M-$7M AMF annually will be met with some moderate difficulty if it goes to referendum. It would have to be clearly, concisely, and accurately hammered home that at least $6M is "safe" and with subsequent debt restructuring, it's doable.

As you said ED, any AMF above $1M is encroaching above and beyond standard AMF fees anyway

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