InvestorsHub Logo
Followers 1
Posts 95
Boards Moderated 0
Alias Born 05/09/2011

Re: IndyChief post# 11963

Sunday, 03/01/2015 9:46:49 PM

Sunday, March 01, 2015 9:46:49 PM

Post# of 12338
I hate to rain on your parade Indy, but it looks to me like financing won't be till late in the second quarter at the earliest. The Exim bank(s) which will provide the majority of the financing are waiting for the results of the AST (which is probably completed) and also they are waiting on the cavern optimization tests which are not due to be finished till Q2. So in my opinion, the best case scenario for financing is late May and more likely June / July-ish and maybe even early August. Once the cavern optimization is completed, the Exim bank(s) will have to review it and as we all know, things sometimes move at a snail's pace with these projects.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.