Ann: Phosphate Fertilizer Project Update, page-150

I have played the video a couple of times with subtitles on and got a pretty good take for my detailed notes.
Only one deviation from my earlier understanding,,,,, It was said ; " We've got strategic investors looking to give us the rest of the equity "
It was also said ; Concessionnal lending by local banks at 7% for working capital facilities "
It would therefore seem that both equity and concessional lending is in the mix.
Further equity from a stategic investor does not worry me, the project is very strong,,,,,, a two year payback plus a year moratorium from IDC and a 25 year resource. The Green Ammonia project is a substantial added value.
As an experienced entrepreneur and former contractor in Africa, MNB is my largest investment and I am requesting a visit to Cabinda to consider increasing my investment.
We all know the necessary milestones ; Funding, Timely start to construction, commissioning and delivery to Carrinho Warehouse by December 2025.