Double Speak on Funding, page-6

  1. 815 Posts.
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    been mentioned again Red. Those magic words--in addition.........

    For the sake of clarity . Tng Corporate . Is the EF 300mil part of the Kfw US600 mill or not.?
    By the statement below I think that the EF 300mil is not included in the Kfw 600ml. But who knows with the conjecture that TNG has created of the years.



    “This caps a solid couple of months for TNG, with results of dedicated hard work seeing us receive a total of up to A$800-million in conditional letters of support and interest for the Mt Peake project from Australian-, German- and Korean-backed funding sources. This is in addition to the existing debt funding commitment of up to US$600-million from the German government-backed KfW IPEX-Bank GmbH.
 
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