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clock Created with Sketch. 09/09/24
11:52
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Originally posted by chokdee:
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Of course they do and I have been saying this for a long time. No Governments - debt providers or Insto's will be committing substantial financing without a comprehensive detailed understanding - much more than that of retail - again it is how the BEOT roll - yet they would be in more knowledge of certain key issues - that again are evolving and changing - it remains unbinding so it remains un announced. So you reckon ARU go to HP and say we got this RE shit out in the centre of Australia - whatta ya reckon - wanna throw down up to 100 million over next 2 years and a shite load more when we need your support to close out equity? As I suggested - this was at least 6 months of discussions and due diligence prior to being advised/announced - it was commercially sensitive and therefore kept under wraps until binding - just as we are experiencing now. And over the past year and 9 months our Insto's have received weekly updates - some of which would have diverted considerably from the initial discussions when the Insto's arrived on board. Some of which would have raised eyebrows as with us - some of which were/are extremely positive. What is so hard to understand here - Insto's get more bang for their very considerable buck - risk and that aint illegal because what they are provided are only guidance - at discussion stage - un binding.
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really though when have the cash influence like the big players have they can make the money going either way by manipulating price so info and study on things is bs as they dont need it they just have to make out seems like doing that to justify the moves and are fair when really it is not. Corruption is rife We just have to hope get lucky.
(20min delay)