Ann: Extension of Voluntary Suspension, page-7

Good deal on the way IMO..

AJM mgt already spent a few months talking to the existing lender last time. I am sure they are not spending the same time again discussing the same deal. Multiple parties on the table and hence takes time.

As a holder happy to wait for a good deal. A small increase in the interest % is a few million extra payments, hence longer negotiations are worth it.

More than refinance with possible stage 2 finance in possible discussions.

Also, this extension gives a few trolls to speculate on AJM going bust..Not a bad thing as it keeps their empty upstairs occupied..

Good news coming soon..
All IMO and pls DYOR
Arjay