RE: NAU: Presentation by K-A WaplanRe: Financing - K-A Waplan says:
The financing, we are working an a logistic Joint Venture possibility in parallell with a total financing of the whole project. So we are persuing two options in reality.
The key partners in the logistics are PEAB, Savage and Grieg logistics.
We are continuing the discussions with the three lead banks Societe Generale, Unicredit and WestLB.
We anticipate to be finalizing the financing in Q4 2011.
"I mean the banks...we are all europeans, but we have had an extremely good support from them, and they're really pushing us forward to get this financing done, so we have got very positive signals from them that this will happen during the fourth quarter."