RE: interview is nice, but continue drifting to 10p ??23 Sep 2021 08:29
He also said that the alternative for the banks not signing being a really poor outcome could result in the whole deal collapsing, the project failing & the return of our $2.5M with DEV going into administration NOT as some have discussed/stated on here of the banks being demoted to unsecured creditors & us taking our 20/27% ..... so he hardly a fait accomplis by any stretch of the imagination as I see the definition of the phrase but instead indicating the whole thing is sitting on a knife edge pending the banks 'processes & internal sign off's) failing which it's game over for the Amapa project...as per what was said in the interview.
That's if you want to take what was said in the interview at face value IMO which again I'm not sure I do with all that's occured, in action & activity on the ground but ... he seems to infer that it's either the banks sign eventually or it's game over, personally I don't think that's the whole picture but that's what he infers from what he's said in my view .... whether that's really for us or whether it's for the banks or the courts who knows but like others I don't think he would be going to Brazil simply to review reports that he could easily do anywhere ( that would be wasteful & costly) there are still court cases progressing as well I think which are more likely to warrant/demand attendance I reckon....
Time will tell eh ....
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