I am aware of how long transactions can take and I don't fully understand what events, milestones or due diligence the extra 4 months provides that wasn't available in October is available now?
Whether the agreement was we want 4 months more to decide or we want to see positive results from X, Y and Z before making a decision.
What motivated the extension request and what was the criteria going forward.
That is the important question that we have little information on so that is why I am less confident than previously. This transaction maybe further delayed.
That doesn't impact the long term 10 year plan too much but greatly delays the shorter run as the company needs capital to move further along.
I would prefer a closed deal to an ongoing plan to finance the projects going forward without a commitment as the latter will not impact the share price IMHO.
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