Thanks for the info, so it means that POK has already made the...

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deepmob

56 Posts.

09/09/15

10:54

Post #: 15960700

Originally posted by CrazyWizard ↑

Last announcement stated;

As of today, due diligence has been completed to the satisfaction of both parties. Potash will now deliver payment of the second A$250,000.00 option fee.

as listed below BUT IT IS ONLY A INDICATIVE TIME TABLE

this company is always later with announcements

INDICATIVE TIMETABLE

Column 1 Column 2

1 Event Date

2 Execute option agreement for the acquisition of Buddy 20 July 2015

3 Completion of first tranche payment 27 July 2015

4 Due diligence completed and formal documents executed 20 August 2015

5 Completion of second tranche payment 26 August 2015

6 Dispatch Notice of Meeting seeking approval for the acquisition of Buddy 21 August 2015

7 General Shareholder Meeting to approve the acquisition of Buddy 25 September 2015

8 Lodgement of prospectus with ASIC 28 September 2015

9 Closing date of offer under the prospectus 23 October 2015

10 Dispatch holding statements 26 October 2015

11 Re-quotation of shares on ASX 4 November 2015

Expand

Thanks for the info,
so it means that POK has already made the second payment and announce it with the DD announcement.

I am getting confused.

sorry.

POK Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held

Upvote

0 Great analysis

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Add POK (ASX) to my watchlist

	Column 1	Column 2
1	Event	Date
2	Execute option agreement for the acquisition of Buddy	20 July 2015
3	Completion of first tranche payment	27 July 2015
4	Due diligence completed and formal documents executed	20 August 2015
5	Completion of second tranche payment	26 August 2015
6	Dispatch Notice of Meeting seeking approval for the acquisition of Buddy	21 August 2015
7	General Shareholder Meeting to approve the acquisition of Buddy	25 September 2015
8	Lodgement of prospectus with ASIC	28 September 2015
9	Closing date of offer under the prospectus	23 October 2015
10	Dispatch holding statements	26 October 2015
11	Re-quotation of shares on ASX	4 November 2015

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