AWD 0.00% 0.0¢ aleator energy limited

finance announcement, page-44

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    The Company has received written confirmation from GRES that they “have a Bank Guarantee provider ready and believe that we (they) can complete this within 10 banking days subject to a commitment from Crimea Energy Limited”. Aleator is working with GRES to achieve this timeframe, and upon receipt of the Bank Guarantee, the credit line should be opened within a further five banking days.

    My guess is that the "commitment" from Crimea Energy Limited is that they have cash in the bank. (Note: Crimea Energy Limited BVI is a 100% owned subsidiary of AWD)
 
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Currently unlisted public company.

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