Eoin says "The Monarch loan is being repaid as per an agreed schedule. To date a significant proportion (a third) has been repaid. By mid-May it will be repaid in full."
Interesting response considering he had said on the 23rd Feb 08 that the schedule for the loan to be repaid in full was for the first week in April!!! (article posted by pecora titled India gives Monarch a friendly prop by Jamie Freed)
It pi**e* me off when MDs treat investors with such contempt. When leading any organisation facts are not only important but mandatory. Especially financial matters!!
So which one is it Eoin, the start of April? mid-May? end of decade? Cmon, I dont believe its unreasonable to expect a definitive answer to questions regarding $7m
ant
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