PEN 1.08% 9.2¢ peninsula energy limited

who will lend $70m?, page-3

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    "Whilst we've not had any updates relating, my own communications with PEN HQ some months back suggested this was in the works and remains an option they can use if needed"

    Zubana - couple of comments/queries:

    1. Melissa Butcher said around the middle of last year that Strata may not pursue the bonds due to the lien over the project required by the State. Do you know if this is still the case?
    2. The bonds application was made in November 2012 with the process (from application to approval by the Governor) usually taking around 15 months. We are now at 18 months but I can find no progress news. I would have thought it would have turned up the Wyoming Business Council's meeting agenda by now. Your thoughts?
 
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