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EIS approval would most likely be (or could be) a condition...

  1. Digity1
    425 Posts.
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    18/07/19
    12:31
    Post #: 39579835
    EIS approval would most likely be (or could be) a condition precedent to any debt facility. KFW could essentially say we'll give you USD600 but you can't access funds until all conditions precedent have been met.

    I agree though DD is key for equity and mezz debt providers. I hope the announcement a few months back about mezz was more than a introduction and they are well and truly into it.
    TNG Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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