EGR 5.00% 10.5¢ ecograf limited

Ann: Financing Update for Epanko Graphite Project, page-31

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    Spinks translation...

    “We do not wish to pre-empt the Bank’s current due diligence assessment over, if and how this project can be financed through to completion of mine construction."
    Translation: We can't say too much at the moment but...
    "We are heartened, however, by the sentiments expressed by the Bank to Kibaran over recent weeks leading up to this agreement’s signing.
    Translation: ...KfW have said...
    “Our current discussions include KfW IPEX-Bank also assisting in arranging further debt financing arrangements to progress completion of Epanko mine development."
    Translation: ...that they will arrange 100% Debt funding for Epanko.
 
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