Indicative ANZ offer. 4 pre-sales to start negotiated, then 4 through construction. Letter says 8 presales,
Issued for construction funding. Short on initial funds repayment.
Securcorp. MR, GS, DAH, ICG on site 11am
Advised by telephone (MR) that funds could not be raised.
Biggars Office. PGL DAH ICG with Biggar. Discussed extension, valuation (GR issues). Proposed timetable to completion was 30 June 2012 anticipating ANZ funding on 4 pre-sales to start, 4 through construction basis.