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8.0¢ ecograf limited

Ann: Government Support for Epanko Debt Financing, page-33

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sirrobbo

4,128 Posts.

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23/05/19

16:59

Post #: 38715196
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Originally posted by spid81 ↑

Good Morning @sirrobbo

I think today's announcement should address your concerns on where finance is. We only need to wait a few months to gain confirmation from KfW IPEX.

"KNL is pleased to report that it has obtained in-principle approval from the Tanzanian Government for its proposed Epanko debt financing arrangements, enabling KfW IPEX-Bank to progress the Untied Loan Guarantee (“UFK” submission for the German Government Interministerial Committee. Processes for arranging the project financing and related UFK cover application to the German Government have commenced and may take several months."

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Haha, well played spid.

... but we have heard this sort of story for a long time from KNL management. Lets put it this way, I won't hold my breath.

KNL Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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