RE: Greece30 Jun 2020 20:41
Agrigas:
· Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank.
· Project third party financial due diligence requested by the Bank, which was carried out by EY Greece, has also been completed and provided to the Bank.
· The Bank's credit committee meeting for project final approval was rescheduled to first week of June 2020, due to the Bank prioritising COVID-19 related loans in Greece, with a response expected during June.
This needs to get finalised before we break out of where we are now.
Could easily test 1p+ with all the positivity thats ongoing recently