RE: Quarterly production figures25 Oct 2025 16:00
""They came to an agreement with the lenders""
REALLY lol,,,,so let me get this right,, this shower did not have the funds to pay the first instalment, and failed to do so over the coming months, forcing their lenders to have to allow time for this shower to come up with a new plan to consider, WHILST remaining technically in DEFAULT....
WHICH STILL has not been resolved to the satisfaction of the lenders !!! otherwise this shower would have paid the agreed dues and life would continue as normal..
Basically the result is they are a bad deptor, made worse because the lenders were even considerate enough to allow a full years grace period to ensure they could build enough to meet their obligations, BIG FAILURE !!