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Ann: Capanda Green Ammonia Project Update, page-239

  1. Merchant2000
    20,483 Posts.
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    21/02/24
    10:50
    Post #: 72511818


    Term Sheet 1

    Interest rate secured overnight financing rate plus 6.77%

    That possibly 15-18% loan costs paid in arrears if I am correct in todays credit market

    With a rate like above surprised this has not already be approved and production commenced

    and waiting on term sheet 2 terms etc

    IMO - a CR would hav been far cheaper over longer term and production would have already commenced - without millions more in running costs and interest payments before production commences


    DYOR

    MNB Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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