My understanding is SS&T has a controlling stake in Timeone based on the announcement on the 17th June. Does anyone know whether this commercial agreement is subject to completion of Cockatoo transaction? Therefore while SS&T is brought in for Cockatoo, their involvement in Timeone indicates that that they are involved in whatever agreement PLV has with Timeone, including Irvine Island. therefore PLV might really have no choice but to proceed with this group or unwind their association with Timeone altogether. Sounds very messy and enough to possibly frighten away other would be partners. SS&T, possibly with the association of Timeone, seems to have us in a serious net leaving them as the only choice to realise the potential of PLV as this company main assets are Irvine and potentially Cockatoo. I hope Tony and his legal eagles have covered us for this possible situation?
in tony we trust, page-24
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