A few observations/comments:
- Delays for this kind of money (and my DD tells me the loan isnt hype)are not unusual and should be expected. This is big bucks for a company like QASP.
- I recall someone speculating a few days, and several posts with links on the individual, on a Middle East (more accurately Gulf States) connection. Put into that context, it makes more sense. This kind of money is not easy to come by in today's economy and there are not many places one can get it.
A likely scenario (and there are others) is that the money is coming from abroad. If so then the delays, wording of some of the PR, etc. makes more sense to me. As does the renegotiating the terms (whoever is setting this up probably isnt quite as sophisticated or familiar with working with ME or foreign cash investments).
Also could explain the discount we apparently are getting: the US side couldnt get the paperwork done on time or correctly and Dean, being a good businessman, held their feet to the fire and got us a better deal.
All very positive. Leaving one of his guys there to help push this through is positive also. Tells me that the lenders are as hungry to lend the money as QASP is to get it. They must see something here or they wouldnt be lending the money. After all, they are not lending due to the kindness of their hearts. They want to make money.
Of course this is my opinion and merely speculation at this point but it appears to fit what we shareholder peons know.