Investors will note that it is not uncommon for equipment suppliers to provide finance as part of an equipment supply agreement. In some instances, the finance can be a multiple of the capital cost. Local sourcing, the benefits of which are discussed in the Quarterly, also provide suppliers with development and business growth opportunities.
GM Operations UAE, Hans Daniels has experience in establishing chemical plants in UAE. His local experience is showing through with innovative supply agreements that de-risk the project construction phase.
Whilst some here question what the executive team does, this Quarterly report provides some insight. Dismissive and ill-informed comments should be treated in accordance with their value.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16
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