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