Chichester-Miles Consultants of Hertfordshire, England, “is financially in balance,” said founder and chairman Ian Chichester-Miles. He also said he has “made some advance in obtaining financing” to develop the Williams FJ33-powered Leopard Six, but is bound by a confidentiality agreement about this financing until, possibly, the end of this year.
CMC is “still soldiering on,” in the words of founder and CEO Ian Chichester-Miles, but his long search for funding has yet to bear fruit. “My impression is that there is a lot of money available,” Chichester-Miles told AIN. “In our negotiations with financiers, we have not found that people are unwilling to make long-term loans, but the ‘terms of engagement’ offered are quite difficult.