cnp confirms financing arrangements extension, page-16

So...

30th May - Milestone completed with additional $155 million in place [tick]

From what I understand everything is fine until the 15th December, however subject to a 30th September milestone where all financiers are to be satisfied by Centro's implementation of their new plan, the reaching of a further agreement on asset sales, and the application of the proceeds of those sales.

So we get a clear run to December 15 subject to the 30th September milestone which really should not pose a problem to the Company, all things being equal imo.


What I would really like to see now is a detailed media briefing and the Company going onto the front foot. Hmmmm, I might just email Glenn today to express those same sentiments.

Incidentally, I really liked the code of the announcement that came out just prior to CNP @ 9.49am - you won't believe it but it was actually BOS - hahahahahahaha!

Good luck all Centronians, and of course all BOS members!

Cheers, Pie :-)