SECOND SUPPLEMENTARY PROSPECTUS SECTION 4 ADDITIONAL RISKS As...

SECOND SUPPLEMENTARY PROSPECTUS
SECTION 4 ADDITIONAL RISKS As set out in Section 2.1 above, the Company has obtained confirmation of deferred payment terms from all major trade creditors to accommodate the revised cash flow timing associated with the extension of the Closing Date. The Company’s drilling contractor, its major trade creditor, has not provided confirmation of such deferred payment terms in writing and the Company is proceeding on the basis of a verbal confirmation to recognise the deferral. There is a risk that the understanding of the parties as to the revised terms is not aligned, challenged by the counterparty or may not be enforceable by Triton. The Company does not have sufficient available funds to settle its payment obligations to the creditor on standard payment terms.
LAST SENTENCE VERY DISTURBING, hopefully for holders it pans out as planned..