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Ann: Establishment of At Call Funding Facility, page-6

  1. 10,921 Posts.
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    i think this announcement, coupled with the update, havent been grasped by the market as yet.
    "At Call Funding"...the headline initially filled me with dread, knowing how onerous the terms can be....this deal with Alpha is totally the opposite, with Simble basically setting the terms. Clearly, Alpha would have had a close look at Simble and its current progress to agree to such a deal.
    Couple that, with a very upbeat investor update, and its beginning to look like SIS could be in for a major awakening.
    I know Fadi has been in the UK, following up from the recent Energy Exhibition. My understanding was he was due back about now, but is staying on for another 6 to 8 weeks. I take that as (speculation on my behalf) a move to capitalise on the momentum generated.
    The update does provide some clues that things are progressing so i'm looking forward to the next few weeks for the possibility of further newsflow....
    interesting times ahead....
 
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