Ann: Project and Funding Update, page-579

No, wrong again.
The debt the 8 bank syndicate was willing to provide was not enough to cover the 4 mtpa expansion, Ltr could have taken a reduced amount loan, if they did this the funds provided would have not covered the 4 mtpa expansion completion.
In short LTR made a commercial decision to cancel the debt funding. The official term from the bank is cancellation of letter of credit for the full loan facillity as it could not be completed.


When they talk about alternative funding it is in relation to debt markets and not the capital raising you are running with.

If you had listened to the whole this Tonys answer was No.

Stop making misleading posts, you are liable for a law suit.

Just because you tap on IMO does not protect you against future law suits.


I hope you learn something from this experience.