Hi all - I am not entirely sure we will get an update about the equity arrangement this month January.
From the Proactive investor interview with MJ , he clearly stated that the equity component is not expected to be finalised until Q2 this year or specifically he said the later part of Q2 which is around June this year.
We could still have some 6 months to go before both the Equity component is tied up with the US Exim funding as one whole package. That was the gist of what MJ said in the interview.
Can watch the interview here on this link when MJ gave the interview just after receiving the PPL from US Exim in early December.
When will IBG wake up from its lethargy and when will the fair valuation take place?, page-4
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