don't think bank financing will happen anytime soon. They have been trying since 2018. Financiers must have serious concerns about the viability of the project and the political landscape of Tanzania. BKT having issues with govt, elections happening later in year, graphite prices at a low, no chance of bank finance. Only way this project may get up funded if shareholders put their hands in their pocket and pay for it or EGR teams up with the Chinese.
EGR Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)