lets talk about euroports conditions precedent, page-15

"All I can add is that when I spoke to the company last week, they said that the extension was as a result of the buyers wanting to see if the market had bottomed before they closed the sale."

Hmm. Infrastructure funds are looking at earnings for the next 20+ years. Revenues in 2009 are not really relevant.
If the company divulged "buyers wanting to see if the market had bottomed" as the reason, I would be running for the hills because I would not believe them.
The conditions precedent are absolutely confidential.