Actually they didn’t fail. The conditions precedent for the disbursement weren’t satisfied in time so we agreed to work on a new/better funding plan. AFC and AfriExim Bank are key to building Colluli and we are very pleased to have them on the team."
From Seamus Cornelius on twitter, responding to a random article (which I found strange in itself)"I'm not sure I'm convinced it will be a better deal but to keep the pie analogy AFC we're finding themselves in a position where they can wangle themselves a cheaper slice of pie as the price has gone down considerably since they first struck a deal
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Ann: AFC investment update, page-11
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