BND 0.00% 8.4¢ bandanna energy limited

I would have assumed that financing was first priority, as the...

  1. ssw
    563 Posts.
    lightbulb Created with Sketch. 16
    I would have assumed that financing was first priority, as the confirmation of the financing package negates the risk of having to use the cs facility (the 760 or so million that bnd are looking for included some period of take and pay financial commitments) to pay wicet. Not that bnd are in a position to sit and wait for a Korean consortium to save them, so favorable negotiations with cs and wicet on easing of contract conditions would be positive.

    Obviously we can only guess at what is going on because bnd aren't telling us.
 
watchlist Created with Sketch. Add BND (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.