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re: Ann: Payment Renegotiation for Singapore ... So why is this...

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  1. 867 Posts.
    re: Ann: Payment Renegotiation for Singapore ... So why is this announcement so scant in detail.

    Some questions;

    1) Why does NSP have to pay the debt when the facility is being used by PrIME?

    2) The payment of the debt starts in 2016, when does it finish (how long will we be paying 5%)?

    3) Why does A-Bio Pharma now NOT want their 10% of PrIME, but rather, prefer S$4m? What is it they know that we don't?

    4) Why does Mr Goodall's guarantee have security over 20% of PrIME? Why not just the 10%?

    Now if Mr Goodall is potentially receiving 20% of PrIME for S$4m, doesn't that value PrIME at S$20m (A$17m), of which we only own 60%?

    Like most things with NuSep, it just doesn't add up.
 
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