Yes. Suspect that SMS would be vitally interested in Tivan & having a hand in ongoing global licencing.
From what we know, they have already put two years of detailed (behind the scenes) technical analysis work into Tivan. I know what my conclusion from that is!
From my research, they appear to get very actively involved in arranging key project financing.
Unsurprisingly, their website says "Feasibility studies form the basis for securing credit for your large investment projects". I have attached a broader extract below.
A very significant potential partner with 13,500 employees, many global projects & a turnover of 3.5B Euros last year. Still controlled by 1 family!
Today, plant exports and project financing are a global business. You benefit from our team of specialists because it offers you worldwide expert and comprehensive support in all aspects of financing. Together with you, we develop tailor-made financing solutions geared to your investment requirements.
We know all about the specific demands of individual markets, and we develop the right financing alternatives for your situation. As part of this service, we maintain close relations with national and local banks, so we can wrap up the financing package you require for your investment project virtually on your doorstep. Furthermore, our structured financing solutions integrate the international trading organizations for steel products. You benefit from this cooperation because it gives you early planning security regarding your future product marketing scope.
Our worldwide activities mean we are a partner of the leading Export Credit Agencies (ECA) with strong links to the banks involved in export and project financing. In Germany, for instance, we are one of the biggest customers of Euler-Hermes – the German ECA. Feasibility studies form the basis for securing credit for your large investment projects. We help you present your projects to the relevant ECA in a strategically convincing way so you secure the financing you require."
Exciting times.
Jvest
TNG Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
