EWC 4.55% 2.3¢ energy world corporation ltd

What happened 35% in the blink of an eye, page-18

  1. 6,872 Posts.
    lightbulb Created with Sketch. 113
    Not sure I comprehend the importance of date of any draw down?

    As Slipform is providing the cash for the build at present or the project would be at a standstill awaiting funding to be approved?

    So the draw down date is probably very important to Slipform as thats the day it gets paid for work completed to date?

    As EWC draws down immediately to repay Slipform then sets about repaying the loan to the lender?

    So I'm thinking completion date and revenue flow the most important thing?

    Cheers.
 
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