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24/07/20
14:16
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Originally posted by gothamcity:
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Hey Wot, Are you expecting the pending announcement to state that the funds have landed? The below extract from the latest announcement suggests that this may simply be an update that things are 'progressing', not necessarily the money in the account. Thoughts? Nevertheless, Sundance has agreed to waive this condition – noting that AustSino will still work to, within the next five business days (i.e. to 24 July 2020), provide further evidence to Sundance that the required bank processes which need to be undertaken in order for the funding under the Sundance Agreement to be available, are being advanced.
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Don't think funds will be in account - but think that there will be a binding notice of credit via a bank.