North West Oil Group, Inc. (NWOL)

[specbidder]

They have put in an application to a Bank to get the money. Probably some Russian or Swiss bank.
They are awaiting the decision. They already have a prelimanary confirmation that they will get the money from a feasibility study of the asset presented to the bank earlier which can be found at their website.
If the Bank initially gave them the go ahead they will probably get a favourable decision within 60 days.
Thats how i read it.