Update on Financial approval, page-9

I had no choice but to let this play out until it was exhausted, that time is now.

You have ZERO clue what your speaking of.

Replace Jigao? Get back to reality!!!

Management have been strung a long and clearly themselves didn't want to draw the line in the sand too early either. They know financing is no easy feat so on the slim chance Jigao would come good they have clearly hesitated to pre-emptively damage relations.

There are things at play & dynamics you do not comprehend. You think you do but you don't.

Back to reality....If Jigao are not going to provide financing we will have to press Europe.

Jigao have the right to maintain their stake so we cannot dilute them without their willingness. At best we can drag them for 34% of each capital raise which is what I envisage will happen after the AGM.

Like them or not they are going nowhere unless they decide to, or ASIC steps in.

It will probably be a case of management & Patrick/Andrew tabling deals from Europe, Jigao kicking up a stink and shareholders ultimately deciding by vote...We will get this moving even if it means dragging Jigao kicking & screaming.

Don't be surprised if management and Andrew have some artillery aimed at the other side of the board, you don't think they have seen this coming for 6 months?

You think Andrew has let SGH increase their stake only to lose? He has something up his sleeve is my bet.