abobo, If you are going to repeat the same thing over and over again you might as well get it right.
Your current obsession is with 'condition precedents'. For starters, the term is 'conditions precedent'. And you have got it wrong more than once, so it is not a typo.
And, despite you opinion, the IFCA proposal has nothing to do with Chemeq's conditions precedent, apart from delaying getting on with due diligence and the EGM. There is no need for IFCA to change the terms of the offer at all.
A change of dates is not a change in terms, except to someone clutching at straws for the sake of an argument, and it is pointless to change those again until the determination comes out or the bondholders agree to settle.
Williams has said IFCA and the bondholders should be talking. Presumably they are.
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