The $5.5m is not a payment that was always going to come in...

The $5.5m is not a payment that was always going to come in 2016. It is only payable once Jindal execute a formal mining convention with the Cameroon Government. The risk of this payment was clearly stated in the announcement of the sale made in November 2013.

The question is whether the agreement has a sunset clause in it by when this mining convention should be obtained. Reading he risks statement and implying that the value of the $5.5m is subject to inflation makes me think such a requirement wasn't added/used and it really comes down to how long the Cameroon government is prepared to allow Jindal to sit on the deposit without doing anything with it before taking it off them!