The Carrinho MOU is a binding MOU and that was enough for the IDC loan to approve their loan, conditional on the MOU being converted to a binding agreement. Why would it be any different for the Angolan bank loans? The offtake can only hold up progress if it's not signed by the time the Angolan bank debt is approved because the IDC loan can't be drawn until then. I can't see how that doesn't make sense.
"We got this table below announced in late January 2024, and with recent events and times being missed, it was incumbent on the comapny to provide an updated table to us all so we can assess our investment."
I spoke to Lindsay this week and they will be putting out an update in the next couple of weeks. Maybe after his return from Angola..
