Hi Murtm,
Yes, they have edged a little closer to funding. although everyone thought the Nordic bonds were in the bag.
Did you notice today's announcement is a Non-binding - conditional term sheet?
Once WKT satisfies all the conditions and receives the final approval to fund the project, they will be required to submit the proposal to the Government of Tanzania for its final approval.
EGR submitted its application to the GOT back in March, hopefully now that the Bulldozer has taken over the TIC, EGR's application will be approved.
Still plenty of work for WKT to complete,
Ann: Benchmarks Tesla Battery Day Presentation, page-111
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