Latest announcement detailed 4 months grace with 8 * $1.375m to follow - fully executed. They can service their liquidity arrangements; the only kicker is if a project i.e. SM71 falls over for whatever reason and they haven't got the cashflow that they were expecting. That's the beauty of good relationships though - they give you options and flexibility.
Here's hoping that OEL get a decent project lined up soon. If nothing else we have the Bulleit re-do to look forward to. Even though it will be underwhelming compared to initial projections, it's still a good chunk of cash projected to come in.
Technical update, page-164
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