M4M 0.00% 1.8¢ macro metals limited

150m loan, page-7

  1. JPS
    927 Posts.
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    Dr Burston was definitely working with the World Bank 12 months ago, but I thought he had given up on them.

    Terms were particularly favourable,but there was some issue which I cant remember.
    The World Bank would lend on infrastructure costs, which Brian King said includes roads (earthworks get up the hill were likely to be expensive) and he even said toilets. KFE would include as much cap exp into infrastructure as possible.

    Anyway this is a whole Nigerian industry loan, not Kogi Iron specific.

    Is that our Eddie in the photo?
 
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