Rebel, I could be reading this wrong here, but reading between the lines I think they already have the outcome of the bankers discussions.
Now if it was negative and a loan was called in, would have to be announced immediately or they would face prosecution.
However if it is positive or semi positive (like another small extention) then it could take some time to produce an announcement. Therefore if agreement has been reached say till June next year, then combine that with a quarterly result to explain current position then it could be the holdup.
As I said I am only reading btw the lines here, but I saw it as they are preparing an announcement in conjunction with the quarter figures. I dont think the banks would still be mulling over this.
Anyone have an opinion.
AEZ Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held