I’m going by the breakdown in this post by Jusyme3441, which looks spot on to me
So next is extended ML to be granted any day, then the following:
Final credit committee submissions
All pre loan condition documents completed BFS, RAP and other world standard docs.
KFW Bank credit meeting and term sheet to follow ext ML
(Only thing KFW Bank is waiting for prior to credit submission is extended ML, This puts us back to before the Black Swan event IE New Mining Regs)
New ML Expected in mid to late August.
KFW Credit meeting is monthly (end of Month) Loan term sheet will follow meeting shortly after.
German Government UFK loan guarantee
Loan term sheet need for application.
German Loan Guarantee application ~4-6 Week process (Approval secure given pre-approval)
German Loan guarantee Application summitted on receival of credit term sheet.
KNL Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held