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All I'm reading is that financing fell apart.

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KaiserSoze   Thursday, 08/21/14 08:53:57 AM
Re: LGL8054 post# 125
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All I'm reading is that financing fell apart. They were working with PNB Paribas for over a year and now Paribas is gone. Doesn't sound good to me. Makes me wonder how a company with the backing of Hebei can't secure financing. The only explanation is that Hebei doesn't want to sign the banking agreement as a guarantor, in which case it will be pretty difficult to go secure $1 Billion in debt. Good luck to all. Glad I got out.

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