RE:Another $50M Loan to Expedite Buildcaught the details on that slide yesterday too after relistening to the presentation.
was surprised to see that an additional LOI has already been signed with KfW and that there was no NR to that.
anyways, as Lewis stated, we should be hearing more details to that in the upcoming weeks.
but Almonty is in a really great place now. major corp and government in korea giving company a blank sheet "just list what you need to make this work asap" . then you have KfW on the other side that would certainly provide more cheap money with such korean backing.
just shows what can be achieved when all want the same thing.
in addition, should this pan out, it would provide a strong counter-balance to the increasing influence of Plansee (too much one sided power is never good for a company). They would "only" have 45% and the korean government / major corps 55%. that would make sure that one party can not decide to do something "stupid" which is not in the interest of us shareholders.