Malbrum re SNH25 May 2018 17:15
Regarding the 5% participation, I assume that whilst not making a lump sum payment for this, they would be liable for 5% of the costs going forward.
The cynical head in me would suggest that is why they delayed taking up their 5%, so that most of the project development costs were covered by VOG and Gryn.
Having said that, didn't Gryn have to pay a lump sum towards costs to date after he won the court case? In which case, should SNH also have to? Clarification from VOG would be nice but they don't do clarification do they?