landowner's arrangement, page-11

hal,
The quote is from James Kruse - the liquidator and it is a public document.
My question to you was clear enough.
I don't recall ever mentioning a 'signed agreement'.
what is the arrangement / deal between them? is what I asked.

Why would an arrangement pertaining to a significant 10% equity percentage be considered unmentionable?

Anyone financially involved presently or possibly in the future may like to know if there is a 10% yet to deducted from the projects bottom line.

or what if the 10% is in the EL 1093 asset itself. The latter seems to be the general consensus amongst landowners.

Now wouldn't that be something. Especially since IDC have been raising funds on the statement that they own 100% of EL 1093.

maybe someone else can answer that one for me?