Ann: Termination of convertible facility, page-165

"On the discussion about the NAIF $50M, I agree with TB that it likely has nothing to do with AUZ. The $50M is not going to get the Sconi project over the line and I don’t believe that NAIF would be going down an installment pathway. Besides if the $50M is for Sconi, the funds will not be available for many months and not at all unless all the other finances are lined up and committed"

On the contrary, 50M if it was proposed for AUZ would most definitely look beneficial for the financing of the entire project... means $50m less to be financed... and its direct use for the infrastructure would be greatly beneficial to the financing in total...

It's not the first project NAIF has done installments on, so it wouldn't be such a shock if they did,

Your last line, common mate, four days ago you didn't even know what NAIF board did, cause you only read the front page of their website... claiming funds wont be available for many months after investment decision by them is extrelemy fanciful as you have no clue how long it would take them to transfer the funds... my guess is pretty quickly.. this isn't center link...

Unless you have in depth NAIF knowledge about their payment processing and time frames?

I just didnt think you did because of the other day when you humbly apologized to flippa because you had no idea what involvement was done by the board on the stages of progress through the NAIF procedure.

JD.