RE: Here we go again31 Mar 2021 19:33
My reponses in CAPITALS
I'm just going off the recent interviews.
Harry said that about $280m was in place and there was about another $20m up for grabs for locals. Depending on how much of that was taken up would determine the final equity split. CORRECT
The locals had the same terms as the government, etc. so therefore it was at a fixed price and would come of KEFI's equity. This means that it wouldn't effect the other $280m of investments. NOT CORRECT - THEY WOULD HAVE THE SAME TERMS AS THE OTHER EQUITY PARTIES BUT HOW MUCH THEY APPLIED FOR WOULD RESULT IN DIFFERING PERCENTAGES (TO BE AGREED) WITH THE OTHER PARTIES - HENCE IT WOULD HAVE HAD TO BEEN AGREED LONG BEFORE END OF MARCH
I understood that this closed today, then Harry said there would be a small bit of tweeking and finessing to get the final numbers pulled together. NO THE TWAEKING MENTIONED WOULD BE DONE BEFORE RATIFICATION OF THE SENIOR LENDERS SIGN OFF AT THE LATEST END OF MARCH
Part of me now suspects he maybe mentioned that to give KEFI a day or two before releasing the RNS, gifting us PIs another £20k isa allowance. NO HE NEVER MENTIONED ANYTHING ABOUT ISAS, TAX YEARS OR ANYTHING OF THE SORT
I'm expecting it tomorrow 7am, but would not be at all surprised if it doesn't come until next week. IT SHOULD BE TOMORROW IF HAA IS TO MEET HIS STATED TARGET (BY THE SKIN OF HIS TEETH) OTHERWISE HE HAS MISSED ANOTHER DEADLINE