SWE Press release
Interesting move by Swala
Tata and OEL were withholding cash calls to the operator(Swala) due to questionable solvency of the operator.
The deal outlined in the press release somewhat forces OEL and Tata to cough up $3m and $1.5m respectively by Feb 20, or risk non extension of the permit, if I understand it correctly.
Your move OEL/Tata ??
Kito Licence Related, page-4
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