EVG 0.00% 3.1¢ evion group nl

Macquarie Bank still has not signed the final loan documents ,...

  1. 23,765 Posts.
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    Macquarie Bank still has not signed the final loan documents , EVG needs the finance now signed to keep the construction on time.
    If its not signed in the next 2 weeks I will be worried.
    I am not worried about any dilution if it means EVG are increasing their portion of the projects they own and if any placment is at a premium to current share price.
    However I doubt this latin crowd will be buying at 14.5 cents a share if the Finance from macquarie is not signed off, so its a chicken and egg scenario

    I hear EVG is looking to hedge about half of its production so they seem confidant going forward.
 
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