Just adding... There are at least 5 parties to the refinancing negotiation; WHSP, Export Finance Australia, the Federal Government, Department of Defense and EOS.
My guess is that EOS/WHSP are talking with the Federal Government in order to find a way for Export Australia to extend their facilities to include the WHSP debts. Land 400 phase 3 could also be part of the equation.
Bear in mind that if this whole EOS party goes to $#!T then WHSP loses it's equity (about $30 Million) AND some or all of the debt facilities, $22.5 Million and $35 Milion. WHSP has too much to lose to precipitate a collapse of EOS.
EOS Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
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