ATC altech batteries ltd

Ann: Altech - HPA project due diligence at an advanced stage, page-3

  1. 993 Posts.
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    "The Company is currently targeting US$70 million of project debt; the majority of which is aimed to be subject to
    German export credit cover (ECA), typically offered at attractive interest rates and terms; the remainder is​
    expected to be available on normal commercial loan terms"

    Sounds like there will be no CR for the shareholders possibly?

    This will be very interesting. If Iggy and the team can build the plant within budget and get it producing this thing will be an animal of an investment.

    Sounds like the finance is within a month away. Great information from the Company.

    One happy shareholder!
 
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