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Whats the signal?, page-18

  1. 3,910 Posts.
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    Hi westcott,

    Fair enough, but on the timeline, the EPC comes well before any funding announcements and is a separate event. Just because the signing of the EPC occurs, doesn't mean funding must occur IMO.

    You've seen how worthless EPC's can be after the Mota-Engil affair. The Mota-Engil EPC was signed before any finance was in place, and in the end was meaningless.

    For me, the major events are the mine equity deal and then the Sovereign Loan being committed.

    It would be nice if Matt747 elaborated further on his comments starting with "I have been led to believe" and "I am told."

    Who are these worldly sources advising Matt747 of information not currently available to the public? From past experience, I've learnt to take these sorts of comments from Matt747 very cautiously.

    Cheers!
 
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