Another day another move -- Tony Fung has extended his option to purchase the Yorkeys Knob site until 2021

Why would this man extend the option to purchase the land when he knows that Aquis is not likely to happen.

Magnificent scenery to be spoilt by an ugly casino/resort

Mr Fung signed a deal in 2012 with various dates 2013, 2014, 2015, 2016 and 2017, now these dates have been extended to 2018, 2019 and 2020.
Reading and listening to reports in the last couple days that the Canberra Casino had been purchase when in fact the probity has not been completed in either Queensland or the ATC in fact the two offices are talking with each other so it will be interesting to see what will eventually transpire.
The most important aspect of this saga is that the $240 million deal in Cairns is being "canned" with the potential of returning a handsome profit.
From this:

The Cairns Reef Casino

To this:

 

Then a decision was made to purchase the Canberra Casino for only $6 million dollars and at such a low purchase price the annual profit wouldn't be very high so who would even think of investing in a an $8 billion dollar venture.
His intention of course is to use the Canberra Casino to float Aquis on the Hong  Kong Stock Exchange if probity is passed in the ACT so that he gain finance to build Aquis.
The other question that hasn't been answered is why:

(1). why didn't the Fung's attend the 3 "formal" meetings

(2). why were only 3 items out of 15 completed as requested by the probity investigators.

There has to be something serious going on for the investigations taking so long and looking at the reports the investigation is being carried out thoroughly and in a professional manner but for some reason it appears that the Aquis body are not readily co-operating with the probity office - WHY?.
Cairns residents are entitled to know what's happening especially after the promise of the so-called jobs which by the way a majority of them would be given to Chinese people.
The whole saga is becoming boring and needs to be put to bed and say thank you Mr Fung but no thanks.
A final point to Deb Hancock the CEO of the Cairns Chamber of Commerce who stated in the Cairns Post Wednesday Nov 26, 2014:
Cairns Chamber of Commerce chief executive Deb Hancock said she was still hoping that the OLGR would “expeditiously resolve probity” by Friday.
She said the $20 million-$40 million upgrade of the casino would have been a welcome stimulus to the city’s economy.
“We are thankful the proponents remain committed to Aquis being delivered at Yorkeys Knob,” Ms Hancock said.
The CEO should be more concerned with our local businesses who are finding it hard  to make ends meet instead of pushing this Aquis deal.
It would appear that you are not concerned about the problems the probity investigation has put forward, yet you say "that we are thankful the proponents remain committed" or is this the way to say thank you Mr Fung for the trip to Macau.
Cairns businesses come first no matter what.