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emperor3605

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emperor3605

Re: grajee post# 3176

Sunday, 02/01/2009 10:12:59 PM

Sunday, February 01, 2009 10:12:59 PM

Post# of 8034
The reason for the jv was that wwei claimed to be able to obtain financing at a lower rate than the current project financing rate. Refinancing made sense to ninxia. With the credit crisis, obviously low interest financing is on hold worldwide. You all know that. I hate to keep posting this same info. There is a credit crisis---it changes all companies timelines. What would you like Larry to do about it?
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