UFK Loan Guarantee - Question

Presentation question if someone is attending. I would really drill Andrew for information regarding this entire process and likely end dates etc.

Extract from 2015 Annual Report (ULG section) - http://www.agaportal.de/pdf/berichte/e_jb_2015_5.pdf

"Last year, two applications for raw material projects (previous year: one application) with a combined value of 396m Euros were received. The number of Enquiries rose substantially to 29 (previous year 18). In 2015, plans for six of these projects (3 copper, 2 niobium, 1 graphite) had already progressed far enough for the Federal ministry for Economic Affairs and Energy to confirm the in-principle-eligibility for cover in the light of raw material policy considerations"

My question that I want answered - Is KNL one of the two applications? Or is still sitting there with in-principle cover only...

I have tried reading through prior financing announcements but cannot confirm that. Any help would be appreciated.

For reference the one that was accepted was the PCC Bakki Project - silicon production in Iceland for German Industry. Can read more about project here

http://www.pcc.eu/project-engineeri...on-metal-production-plant-in-iceland/?lang=en

And various news items:

http://www.pcc.eu/financing-of-pccs-iceland-silicon-project-concluded/?lang=en

http://www.ots.at/presseaussendung/...g-for-a-ufk-backed-silicon-project-in-Iceland

It is difficult to understand the exact timeline from in-principle cover through to completion... Although I think it is Sep 14 - June 15..