I am a long suffering holding back in CDS days. In the announcement 25th August it was said
"Mindful of the present difficulties in securing terms of supply with Eskom, management had in parallel been exploring an alternative funding proposal to place before the Board. This proposal is not subject to a committed domestic coal supply. The credit approval processes of these lenders, who are familiar with the project, has commenced. First approvals and a signed term sheet are expected by end September/early October. At that time the Board will consider a recommendation from management and make a decision on this alternative funding proposal. "
Understanding we have been let down again and again however , what's another 5 weeks or so waiting for this ? Thoughts anyone?
- Forums
- ASX - By Stock
- RES
- Where to from here?
Where to from here?, page-5
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online