GREY:NKRSF - Post by User
Post by
Manthebullon Oct 09, 2018 12:01pm
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Post# 28766544
It's fair to say this was expected
It's fair to say this was expectedI like how the company highlighted it's positive relationship with the lenders. I would expect lenders to add one clause and a heavy interest rate possibly 20 percent or more IF they provide the funding. I would lean towards them providing the funding as they let the tax credit from the Indian government go to the last cash call instead on taking it under waterfall agreement. They also let Niko access the reserved Cash for cash calls. All along I was saying they can't sell this lol funding us the only to make this happen and if the lenders provide new facility I expect coming to be severely impared