GEP have advised that they have been successful in reaching the target date released to the market in the ASX release on 15 May 2020. This prior release stated that GEP advised they “anticipate funding will be in place…on or before Tuesday 26 May.” GEP have now confirmed that this has occurred. Mr Stephen Hogan, the President of GEP has stated “I can confirm that our target date of “no later than 26 May” has been met as we have received verbal confirmation from our funder that funds for the Camden facility will be released within the next 10 banking days”.
It seems like the money may have been deposited,
And will take 10 banking days to clear due to the amount.
Seems reasonable,
Takes 4 days for a small amount to clear sometimes...
Obviously they would not want to get anything wrong in their Ann's,
Anymore...
