Thay have been talking to funders of various ilk for 9 years now, but up until now none have had the capability to pull the rug out from under XEL by exercising the terms of the deal they have, if the Bonds are not repaid or the term amicably extended.
Actually your final para on yr 19.55h post, that is about the situation now, the corner the BoD have boxed themselves into with the delay and talk of d/d, optional funding indications, etc., etc., we need RC in the shape of the god of your preference to appear, assuage fevered stockholders brows with the positive news he is about to deliver..
Without re-reading the RNS I'm not sure he exactly said that, hence the concern now. I believe it was initiated negotiations, what we need to know, as this has been over two months now, did they meet with success and waht is the cost if that route has to be taken.
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