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Ann: Response to ASX Price Query-KNL.AX, page-156

  1. 5,241 Posts.
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    Hi WC,

    No it's not issued automatically, but only to a select few projects and only after extensive due diligence.

    The German Gov goes as Guarantor for KNL and guarantees repayment of a loan up to $40mil to our selected lendor.

    KNL announcements:

    25.08.15 TK OffTake Sigend
    01.09.15 German Government Loan Guarantee Announcement - Only 6 days after TK OffTake, this confirms discussions in the background had been going on for quiet some time.
    07.10.15 kfw-IPAX Bank announcement - 5 weeks later....

    all the best, Uni
    Last edited by unicrumba: 02/05/16
 
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