RE: No incentive to sell.21 Feb 2024 10:58
As per 13 Feb RNS, we're almost ready to go!
The Company can now report that all the other parties in the funding syndicate, have advised they will this month go to their respective committees to approve the proposed transaction.
The Ethiopian Federal Government also attended and reaffirmed its equity capital investment has been fully documented, committed and already partly invested.
The contractors in the syndicate have all reaffirmed their intention and readiness to enter into the already-drafted definitive documentation to enable full Project launch in H1 2024 as previously outlined.
Off tomorrow for my annual fortnightly jaunt to Las Vegas and hoping to see the SP re rate on my return!