just spoke to tony

just spoke to Tony, he explained that they've always had a plan B to get the capital and is confident it will be sorted very soon. he pointed out that it was PLV who put the deadline on for the DD and as they were asking for an exceptional premium the interested party really didn't have the time to do the sort of DD required to fork out such a premium. (JMO but perhaps the fact that china had a week long holiday last week that would've chewed up a bit of the time- if they were the interested party?). part of the reason they put a deadline is they need to get set up on the island during the dry season otherwise we'd have to wait another 6 months before getting a start. he tells me that PLV have a short, medium and long term strategy for co. funding and that the medium and long term negotiations are still in place. he's confident it's only a short term glitch that can be attributed to "time constraints" and it will be sorted soon and the market will be informed accordingly.