Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-282

"I feel as though some parties are willing this to fail so they can scavenge the carcass. Hopefully the Angola banking sector will act on govt encouragement and support the project. For such a worthy project with great economics, it's proving unbelievably hard to finance!"

Yours is probably best theory as to why it's incredibly hard to fund this project. This has been the biggest question for years surrounding this project, one that no one has an answer. This inherent difficulty is even further compounded by management's inexperience and incompetence, leading to the chaos and critical danger we are in now.