Critical and NMT need each other in the Nordics.
Lousy climate for Critical to be raising new capital, prior to placement, had asked the unwashed for an indication of take-up, personally unchanged.
With RISAB FID due 30/6 and with 31/3 date not met then slippage of Critical interest to 25%.
Tough but not unforeseen, continue to expect Critical raise and to be in lockstep with NMT.
EIB etc loans lending status to RISAB and which will thenl raise some share cap. but no dilution of NMT.
As expected from the NMT team - shrewd and practical mechanics,
Anticipate similar approach to other existing opportunities.
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Critical and NMT need each other in the Nordics.Lousy climate...
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