RE: RE: sales30 May 2018 16:34
Yes I know but it doesn't wash in this case
How much fall out can there be from explaining to your shareholders that....
"The complexities of negotiations are such that it is not possible to release further details at this stage due to confidentiality agreements and non disclosure agreement that have been made to enable the talks to take place, however you can be assured that we are working in the best interests of Aminex and its shareholders"
Followed by....
"A note to keep you informed that we are making progress although still not in a position the reveal further information, further details will be released asap"
Followed by....
"Some silly arse has decided to book his holiday when the meeting was due to take place so we apologise for a further months delay"
:0)) The content is not the important thing! The important thing is the CONTACT! Simply by keeping communication going, you can keep the trust of your shareholders.
If they had not paid off this loan when they did, I'm sure they would be having to tell the bankers.