NDO 2.92% 88.0¢ nido education limited

follow up volume, page-79

  1. 8,928 Posts.
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    Thanks niu. Maybe we can then assume that standard release more funds when needed which will show in later cash balance figures. Never the less we still have to look at the small print in 5b staing that of the 28mil , 15.9 of that is allocated to phase 2. Leaving 12 mil free. Will ndo have to add more to the standard bank account in line with requirements for the loan? Certainly phase 2 covered as standard would be making sure of that but I'm trying to get my head around the affordability of going it alone on 63.
 
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