In all this is positive. We have gone from a potential extension to January 31 to the banks providing up to February 27. This is heaps better than management having to worry over the next four weeks about trying to get the house in order PLUS negotiating a further short term extension. The fustrating thing is that the shares will remain suspended for the extra period. Interestingly though, the banks are agreeing (well appear to be) to further funding in the way of bridging finance to cover short term costs!! Are the banks finally starting to realise that this company does have a real future and all they need to do is show some support??
OZL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
