Sometimes21 Aug 2019 08:49
it is worth reversing the thinking. So,
Why would APEC lie about the funding? If it was shown that they had been messing about all this time their reputation would be in tatters, no one would take them seriously again.
They had a perfect opportunity to withdraw from the farm in earlier in the year when the permitting process became so much more bureaucratic and the private member's bill banning O&G exploration was gaining traction. They didn't pull out.
Thos two issues are over FTTB.
I believe the RNSs that have been published. I believe that the money is in HSBCs hands. I believe HSBC are neurotic about funds transfers having been fined billions a few years ago. I believe they are doing lots of due diligence to make 100% sure there is no come back on them. I believe the money will come through.
Oddly enough, all these delays have resulted in a lot of RNSs, a lot of press coverage, a lot of BB chitchat and a lot of twittering. As a result, it has focussed the one investor community's attention on Barryoe. When the money drops, the volumes will be incredible. I'm looking forward to that.