NDO 0.00% 93.0¢ nido education limited

galoc funding

  1. SP3
    18,710 Posts.
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    It surprises me that it can take more than 4 weeks for David and his team to consider whether or not to extend the JV partners' request for more time to come up with the money. How long more do we need to wait for a signiture. Assuming it takes another week before they announce extension or no extension, one would assume that the parners have requested 3 more months. Does that mean that we will have to wait for xmas before NIDO begins appraising Galoc(assuming they get the funding)? 50/50 call at this stage. I dont want to sound cynical, but I cant help myself. Surely this company with great people on board can get off their *rses and deal with this matter promptly. Lets hope that David has an alternative plan in place by now should he refuse the extension and announce the details soon. I am losing patience.
 
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