"The Buyer remains committed to acquire these Projects and are working to fulfil its requirements to pay the agreed sum together with interest on late payment. Balamara will continue to work with the Buyer to complete the transaction as soon as possible. "
With interest!, so does that mean that the buyers really want these projects and are not worried if they have to pay a bit extra, does that mean that the assets are growing in value and we actually sold them cheaper than what they are worth today, I wonder if the sp is a little oversold, pending on how the announcement reads, anybody have any thoughts.
Still no time frame given, but thank you for the update, should shut up the downrampers for a while.
BMB Price at posting:
10.0¢ Sentiment: None Disclosure: Held
