Ann: Trading Halt , page-18

the announcement mentioned financing as oppose to project funding. so i doubt this is going to make for a great weekend announcement.

this is likely to be the renewal of the subscription facility that has ran out or another loan of sort to cover their expenditures till there is more progress from YES. (I am not going to be surprised, if this is another very high interest loan/notes too).

i am guessing that yes will publish their full development plan and partners soon. This uncertainty still is causing all the Yilgran group to suffer. The expectations that things will speed up once the port decision is made did not materialize hence the lull atm. once the full plan with partners, allocations, construction timetable and usage cost/fee is known, things will improve.


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I am not sure reading the questions that is being put forward by various posters here will yield any result.

The questions are commercial in confidence and the only way to find out is by employing a forensic accountant or lawyer to investigate (both of which are a very expansive option with money we do not have). unless we all want to do this out of spite and go for broke.

having said that, i admire and appreciate people who are proactive and action oriented. So i will support the petition if one is created to show my support to the initiative.

glta