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clock Created with Sketch. 21/10/14
18:38
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Originally posted by SuperTim
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its all laid out in the second supplementary prospectus, under watpac..the acquisition of Wise’s interest in the Joint Venture on terms satisfactory to Watpac in its sole discretion;current prepaid off-take funding will be refinanced ;
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I presume one of those conditions precedent is that Wise repay what they owe for their share of the expenditure. i am surprised that a joint company wasn't set up with a joint bank a/c to operate Cockatoo.
