egyptian capital, page-2

Hi h&n, of interest, as Foxy used to say, but only a little interest, IMO.
No one else has responded, so I'll have a go, as usual.
First, $12.5m, some reading this post could do that.
Second, GIP already has a consortium of Egyptian Banks signed up and once others come to the party and, hey, $200m is not a huge deal in the scheme of things, then we are looking for equity. Equity is not going to be a problem, IMO, the only question is at what price. I'm thinking that the sp will be a lot higher once debt finance is confirmed, we'll see.
Meanwhile, the sp is now SO LOW that if you have ANY FAITH left in this project, you just HAVE to buy at these levels, that's my opinion and it's what I've been doing, right or wrong.
All the best for Christmas, and a prosperous New Year to all Gipsters, and to anyone else who stumbles in here.
B22.