RE: Email21 Apr 2022 20:44
So Shaun.
"n yesterday’s RNS, we promptly announced receipt of these notices from GPB and UMMC regarding the demands for accelerated repayment and the re-assignment of the term loan. The reference to studying the implications refers to these notices, which we had just received. Of course we will promptly update stakeholders on any new developments.
I understand the concerns you outlined below and will relay those to the Board."
So the the debt beiing passed on to UMMC all at very short notice, I don't like that as Who know's what the implications are and Gazprom Bank has put POG over a barrel with only having til next Tuesday to accept or default! Hows that for a gun against your head.