SBS 0.00% 2.9¢ sub-sahara resources nl

sbs management , page-3

  1. 839 Posts.
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    I note some discrepancy in the two announcements, in bold:

    "The key commercial terms include:

    (From SBS) "WMT has paid a deposit of A$100,000 to SBS on signing of the HOA and a further deposit of A$150,000 is payable on signing of the formal sale agreement."

    (From WMT) "WMT will pay a refundable deposit of A$100,000 to SBS on signing of the HOA and a further deposit of A$150,000 on signing of the formal sale agreement."

    and .......

    (From SBS) "WMT will pay SBS a further A$250,000 on 31 December 2009, subject to finalisation of certain tax liabilities associated with the assets being sold."

    (From WMT) "Finalisation of the transaction may see WMT pay SBS a further A$250,000 by the end of 2009 subject to the final liabilities of the Target Companies being determined."
 
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