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Ann: German Government Guarantee , page-20

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  1. 3,608 Posts.
    Cowboy read the update again the two German banks that should provide the finance are 80% owned by the German government, do you really think the German government would be going to all this trouble when they already know whether Gippsland will get the finance and are desperate for the tantalum supply.

    It spelled out very clearly in the update. "the project must be of special interest to the Federal Republic of Germany","securing the raw material supply to the Federal Republic of Germany on the basis of long-term off-take agreements","and are of outstanding importance for the Federal Republic of Germany. These specifically include projects securing German imports of raw materials,". It is so simple even Captain_salty should be able to understand it. Effectively it is the German government (not the IFC any more) who will say yay or nay and at the moment they are saying yay.
 
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