RE: Financing...4 Jan 2024 10:31
Apo
I see the financing issue as largely separate.
We have potential EDG funding - (if you follow NI politics, the UK govt is going to be very accommodative with that one as the ministers, even Liebour love flying in for the cranes photodhoots. )
JW's waiting to get a more favourable lower interest rates locked in (with interest rates falling anyone would do the same) - the interest rates on the long end are diminishing and it is probably better to strike a deal before the downward trend stalls. Content for now that the outlook is improving.
If IM gets resolved then that would seem to be excellent collateral to give the lenders more comfort and JW has by now had plenty of time to game the outcome (cannot be many appeal options left) so would expect to hear his plans as soon as the review appeal is quashed.
Would not be surprised is IM is dastardly deferred like the Epstein list so the financing needs to move on as a separate priority.
After all we are on our way towards 2025 and the FSS contract will be adding to revenue and forecasts and upgrades.
If you are UK based? take a cheap EZJ flight for the £1 Crown party, The more the merrier.