Binding agreement Carrinho- Why would they sign now ??????
MNB -Angolan banks -Still at initial process of Funding for working capital and construction etc
and
MNB cannot guarantee they will receive enough funds for commencement of construction and more importantly when will it be completed - then require operational licence for production for supply to Carrinho
IMO
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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-656
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