Some good points Lautrec, unfortunately we can only guess at this stage on what is transpiring. When I talked with Adam the impression I got was that they are very confident on monash delivering (not the 6 million but the funds for the cdp which is the main game at this stage). Management IMO has put all there eggs in the one basket and are confident of Monash coming through. At this point failure in regards to the Monash dealings surely has to lead to changes in management, to still entertain Monash after a lengthy period of negotiation and failure of Monash to deliver for over a year. This means ESI management has to be extremely confident that they will deliver, they surely can't be holding on to hope?
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