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@wave3andabitThe govt has equity The bank if it loans will want...

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    @wave3andabit

    The govt has equity

    The bank if it loans will want its full money back plus interest.

    IDC will need definite requirements to protect its capital - not just working capital requirements for staff wages and bonuses etc

    If 2025 growing season missed - bank will lose money unless MNB does more CR's to pay for interest on loan like it has for staff and admin in past 2 capital raises

    Not only complete construction on time but have stock piles for 2025 rainy season

    Our chief resident engineer and financial advisor says its a simple construction model and timeframe is easily achievable lol



    Last edited by Merchant2000: 16/08/24
 
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