The bridging finance did eventually come through, just in time as I predicted earlier. We had already locked in a visit to Bundaberg on the weekend after Easter, knowing that the finance probably would not be ready in time. It wasn’t, but we went ahead anyway, as all of the flights were either using up Frequent Flier points or cheap ones, & it enabled Julie to get a decent look at the rig. At that point, our backup plan was to return on the following weekend (Anzac Day), which we did. In fact, our first night was parked in an off-street parking area associated with the RSL in Murgon, so it was good to be able to link in the some of the Anzac diggers on the day.
Unfortunately, we have paid a heavy price for the bridging finance, & have effectively negated the saving we made on the new rig.
Meanwhile, we are now finally in the end stages of settling on the last unit in The Sanctuary, now due to settle on Wednesday after nearly a month of extensions. Glencorp have been very good to us in not charging default interest, & I have been able to work directly with them, as well as having Dana, our Brisbane solicitor, work with their solicitors to keep the formal extension approvals in line. At this point, it’s appropriate to put in a plug for George & Bev at PFA Private for making everything happen quickly.
