RD, I also think the banks might be causus if substancial parts go to downpayments instead of construction, which at least might give some security.
In one of the CCs, I also remember Dan elaborating around limitations from lenders in general.
And maybe the banks, like me, looks at owner structure. Never got convinced on that. So strange that such a large number of the partners are HK companies. I understood the adress sharing, but not HK roots.
I also feel played with the AGM notice, surreal to leave that bait hanging without the cash available for dividens.
