Rossy your timeline predictions below appears to be on par.
Just using the phrase capital raising, hopefully referring to the loans in general has thrown butterflies in the stomach of some. I'm more positive and expect everything to go through as you have predicted.
I would expect the timeline to be something like this:
a) Euro loan draw-down this week (lets say conservatively 8 Nov)
b) Next demonstrate/show that there is >$1.5 mil free and clear in the bank. What evidence is required? Bank statement/auditors statement/some sort of signed and authorised deceleration/sworn statement by the local Imam/view account online??? (might be a couple of days to sort that, put's us mid next week)
c)Draw-down 1st $10 mil of GRES loan, 10 working days (10 working days makes it mid week in 3 weeks, so roughly gives us around 27th Nov)
So I reckon on or around the 27th Nov. If all goes like a well oiled machine it could be a week sooner, which is about 20th Nov, but I prefer to be more conservative.
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