news?, page-12

Thanks treefeed. I'm having great difficulty in finding anything on this Company except for self promotion. In their latest quarterly they advise that: A terms sheet was signed for the provision of a $US6m revolving trade finance facility, that can be applied towards the purchase of inventory (feedstock & consumables). The conditions of this finance were supposed to have been revealed on signing but there's no news, which bears out treefeeds comment that there's no money with which to proceed. It's difficult finding finance at the moment but surely this project has everything going for it except for unexplained glitches like timetable delays and the missing liner. Then there's the share buyer malaise that has to have some substance: it would be nice to know what they know or is it just rumour?