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PRL Media/news, page-3177

  1. 117 Posts.
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    SHA is not definitely due on Monday. The term sheet terminates on the earlier of completion of the SHA or; 6 months from entering into the binding term sheet. Therefore the SHA can be extended as much as required up until 6 months from the term sheet being entered into. Considering the term sheet was extended 3 times I wouldn't be surprised if the same happened with the SHA.

    This was my understanding of the wording in the term sheet anyway, may well be wrong.
 
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