Make up your mind Tim either WEG have a marketing agreement or they dont - If PLV can sell the product without WEG why do they need to negotiate with them about it.
Showman originally posted the suspension had nothing to do with WEG - The quarterly report says PLV were renegotiating their marketing agreement with WEG - Why ?
The EIM report said PLV were renegotiating with their Chinese joint venture partners on Cockatoo - That's a completely separate issue to the marketing agreement and Showman went to some lengths posting here to differentiate the 2
Yesterday extension notice said its about " the " joint venture not a new joint venture- The only shareholder approved joint venture was with WEG.
So now we have PLV having to meet preconditions - presumably if its a new deal then Woohoo here comes another independent report and an EGM to Vote - Which way will wEG vote if the deal is not with them .
How anyone can spin whats going down now as being anything other than a P/R nightmare is beyond me - Guess Rufus was right I must not be the evangelical type.
hOOt
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