Quote: Cibaman "The difficulty would be that they've told everyone that we need £500k as an absolute minimum. If they then said "We'll take £400k" then at the very least they'll be accused of bad faith. If they accept the £400k and we still go bust I would think they could be on very dodgy ground.'"
To quote Mr Hood from the original announcement about our difficulties he says:
“If this pledge raised £100,000 or £200,000 then I don’t think that’s anywhere like enough. But if sponsors come forward and we get to between £400,000 and up to £800,000, then it probably would be."
Originally I would've taken from that, that 400k would be enough to see us through until we raised nearer the 800k at the end of the month. However given his announcement today I'm now not so sure.