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09:46
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Originally posted by Dozen:
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This is good news as the obvious next step from getting KfW loan approval is to raise the matching equity. This can be done in several ways such as getting further project partners, equity from large players in the supply chain, pre-sales or raising new equity with an issue of shares. Undoubtedly EGR needs to demonstrate to KfW that it has a credible pathway to raise funds and the easiest way to do so is have this approval.
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Agreed. So we are waiting on the next cabibet meeting it would appear for SML, then signing off after approval is given.
(20min delay)