RE:Article in the Halifax Examiner - The Goldboro Gamble Part 1Juicy bit from German government in that long block of test- answering question on status of possible loan guarantees:
This assessment will be performed as part of the regular application procedure once a formal application has been filed.
An application has not been filed so far and thus the respective due diligence of the respective project has not been initiated and no approval or binding decision on granting a UFK-guarantee has been made.
We have asked Pieridae Energy to avoid ambiguous wordings in this context.
that last line was an answer to reporter aking why Pieridae gives the impression they HAVE the loan guarantees.