RE: All in4 Apr 2025 16:00
P777...if u think about it the banks looking to finance Naviatis for Sealion will look at it as a "safe bet" in this troubled market . A fixed interest loan charged at x percent financed by oil from Sh. A safe secured income stream for the banks. They won't care what price Nav or RKH trade at. Yes, the price of oil will be relevant, and that can't be ignored, but as long as interest payments can be made the deal will be safe as anything. If I was the FIG in the current environment , I would offer Nav a sliding scale tax regime related to the price of oil . Everyone can profit ... X percent of revenue to the FIG is far better than x percent of nothing !