The company seems to be convinced the finance will be done.
"The!Directors!of!Aleator!Energy!Limited!("Aleator" or "the!Company")are pleased to announce that
the Company has received a formal update from GresHolding Ltd!to!confirm!that! the!issue!of! the!
Bank!Guarantee!is!proceeding!well,!and!is!expected!to!be!issued!shortly.
The!Company! continues! to! progress! preparations! for! the! drilling! of! Pov105! and! looks! forward! to!
confirming!receipt!of!the!Bank!Guarantee!and!the!Credit!Facility." Sorry about the exclamation marks in the cut and paste.
Not sure what is taking the time but I would hope that the directors are honestly stating the position and their expectations are reasonable.
Even so, I will be pleased to see some drilling money in the bank.
Cheers all,
The company seems to be convinced the finance will be...
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