EGR 14.3% 12.0¢ ecograf limited

Typical KNL trading. Green days followed up by two red days. The...

  1. 171 Posts.
    Typical KNL trading. Green days followed up by two red days.
    The longer this finance deal takes the less chance KNL will secure it imo. If we get to a week away from the cut off date and the deal is not done what will the so be? 10 cents?  Why is raising this puddly amount of money taking so long?

    Then I read this:

    1. Final outcomes of negotiations with both KfW IPEX-Bank and Nedbank are subject to due diligence. Kibaran and KfW IPEX-Bank have appointed global science and engineering consultancy, SRK Consulting, as the independent engineers to review the Epanko Bankable Feasibility Study (BFS) completed in 2015 together with the Environmental and Social Impact Assessment (ESIA). The review process is well underway with a site visit scheduled for the end of the month.

      Kibaran continues to have ongoing discussions with other financial providers including bilateral agencies, commercial banks, institutions and private fund managers.

      So if there is a huge discrepancy between the BFS  price and what the current price for refractory grade graphite is does that mean finance could be dead?

      Also if the German banks pull out will the other financial providers step

      Still huge risk here and that is maybe why the sp is still so low.

      And also do you guys know when the will announce the tax rates payable the the Tanzanian government?
    Last edited by v8man: 12/05/16
 
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