A few quotes from last few months of announcements relating to funding:
"current discussions are to finalise the remaining requirements of the lenders so the financing and subsequent construction of Epanko can proceed as soon as possible"
"German and Australian project financing only waiting for Tanzanian Government clearance to facilitate banking requirements"
"Off-take agreements are in place for all production and the project is ready for immediate development waiting only for clearance from the Tanzanian Government to allow project financing to proceed."
"Epanko is now ready for development. It will comply with the new mining regulations and is only awaiting the completion of negotiations with the Tanzanian Government to facilitate bank financing."
Current Status = "Debt financing"
Shouldn't be much longer, until then we wait...
KNL Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
