RE: FInance News13 Dec 2023 09:24
Hi TDF.
Sir John said "One for you, Arun", regarding the following share holder question: "The credit facility deadline has moved a number of times this year. Is there still a risk that it could slide into Q1 of 2024?".
Arun concluded his response with the words:
"On balance I do think that we are in a fairly good wicket. Having said that, this is the government we are talking about, a government process. We need to ultimately bring together a number of counter-parties that include three to four banks and the UK government. So whilst I think that it is a difficult process. It is certainly 'achievable' by the end of the Financial Year, if not before."
The word "achievable" doesn't mean "yes, it will be done."
ATB, FG