SRQ 0.00% 4.0¢ straits resources limited.

Ann: UPDATE ON REFINANCING PLAN - TERM SHEET SIGNED, page-16

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  1. 12,191 Posts.
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    so as expected, the last ann on June 11 supercedes the April 13th one and the 45 day period rules over the 3 month deadline...

    looks like July 29th it is and based on the wordings in the ann, the management is trying to warm us to the upcoming ann by using words like "pleased" and "progressing positively" ... let us hope that we are the ones who are "pleased" and "progressed positively" in our portfolio growth on the 29th July...

    I am just thinking that if it has taken them more than a year to finalize a 100 million + debt facility, we shouldn't be surprised by the Greece saga going on for half a decade... they are talking of hundreds of billions affecting life of millions.... probably such negotiations do take time and there is no way to hurry them up...
 
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