ITC impress energy limited

This Q may have an obvious answer, but its necessary to ask...Is...

  1. 8,606 Posts.
    This Q may have an obvious answer, but its necessary to ask...Is this extension indicative of the Chairmansinside knowledge and a reflection therefore of probabilities/confidence? Surely, he would know a lot about the operations potential for success and the specifics of where the money is to be spent would back that. Is this a no-brainer? Is there some implied sureity that the money (via income) will be available in December for repayment? Otherwise, it seems to be a stupid risk and my point is that it appears not to be by the way this extension has been arranged.
    Any thoughts?
    I do not hold.
 
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