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Ann: India Project Proceeds to Next Stage, page-25

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  1. sholtz
    2,180 Posts.
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    05/02/19
    09:58
    Post #: 37331107
    I think you might find there is a possibility the bond is not all cash and our end of the working capital (op-x) is not required until the plant is built. I doubt funds will be required until after signing so hopefully that answers the why would anyone pay their ELF question.
    Last edited by sholtz: 05/02/19
    ECT Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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