I think I saw it, SL, something about which university you thought his Lordship had probably attended?
Thinking about his post, CF could clearly have saved an awful lot of time and money by just asking a few of his mates down the pub over a weekend whether they thought Poly4 might work, whether one can dig holes, and how much big holes with some kit in them might cost.
What scotty? "Initial terms expected to be provided prior to execution of stage 1 financing"? And on the same page: "Potential for IPA/ECA support"?
I think the first applies to the terms (duration, coupon, conditions to fulfil etc) being agreed with the lenders of St2 prior to sorting of ST1. Nowt to do with whether they get the IPA/ECA guarantee...... and certainly nothing there conditional. Though obviously a nice bonus discount on the St2 coupon would then be… Read More
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