ATC 1.79% 5.5¢ altech batteries ltd

Ann: Letter to Shareholders, page-30

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  1. 1,059 Posts.
    lightbulb Created with Sketch. 915
    I’m expecting an announcement soon.
    Note, they talk about ‘technical’ due diligence
    by the end of November.
    The lender (financial) due diligence will take longer. I’m estimating end of January 2019. The Christmas period will impact the timing.
    For the KfW/ECA loan they announced successful due diligence
    conclusion on 15/9/2017 and the loan was approved two months later.
 
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