One last try to enlighten SH of the positive nature of yesterday's announcement.
Seriously what more do SH expect.
A very informative announcement.
IMO this is how it happens....
1. You find a lender & make a application.........DONE
2.Company receives approval subject to DD......DONE
3. Lender after satisfaction of DD offers term sheet , conditions & payment schedule....DONE
4. Company BSR agree to offer & terms..............DONE July 2017
- "Term sheet for a US$12 million funding with the Senegal division of Coris Bank International agreed in July 2017 and formal loan documentation is presently being prepared.
Extract of announcement yesterday.
5. Signing of legal documents over the company assets....IMO this is very very close.as tenders & contracts to be awarded immediately..as announced.
6. After signing of documents US$12 is ready for drawing.this step is imminent I believe in view of the announcement.
Yesterday's announcement very informative & positive.
IMO we are now on the road to a secure future.
I REPEAT THAT YESTERDAY ANNOUNCEMENT WAS TERRIFIC.
Adios & goodluck
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