They want a Government loan.
To be paid back in equity if they can't make the repayments.
Probably an opening gambit.
The loan value in submarines is circa one tenth of one sub over it's lifetime.
They want a Government loan.
To be paid back in equity if they can't make the repayments.
Probably an opening gambit.
The loan value in submarines is circa one tenth of one sub over it's lifetime.
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