RE: Contact14 Dec 2023 11:07
I believe the main things we are waiting on, Calvalley deal, bank financing, GSA and FID are all linked.
in the sense that the bank finance requires a max 65% (from memory) exposure so require a partner (Calvalley). I suspect Calvalley wanted the notes restructure done before signing and of course the bank also requires the GSA to be re visited, which depends on government approvals etc.
despite what some idiots suggest, this is all very complex involving a lot of different parties.
Graham et al are carefully ticking off each of these and I believe we are very close on all and the pieces will fall into place soon. I will be delighted, others who post here will NOT be.