It's my understanding (zzzzzzzzzzz), all documents have been executed, all conditions satisfied and they are just awaiting confirmation from SIOC-cdt that they have remitted funds as required in accordance to the agreed timeframes and that cleared funds have been received by CCL. The timeframes advised in the ASX announcement were agreed between CCC and SIOC-cdt as being achievable. The company is now just waiting for cleared funds which they understand are being advanced in cash from SIOC-cdt and from drawings under debt facilities that they have. These are the company's new and long term partner in South Africa. Their Chairperson is already appointed to the CCC board so it is a case of confirming funds received over the next few days.
Keep your thumbs downs to yourself...........KP
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