Ann: Funding Update Correction, page-5

I wonder what information they were given by Tangier to state that it was ADIA. I'm less convinced of the validity of the payment now.

I guess we wait for as week and see if they are upfront with the cash. I'm glad they have stated that Tangier are being paid no upfront payment for sourcing the investment. Makes a scam a bit less likely, but does raise concerns where they are obtaining $300m from.