I blame the sleep deprivation Jinster!
My overall feeling still remains we'll be diluted 40% at the end of the day. But as the numbers show, it will not be a big deal considering the NPV of the project. It's a necessary evil of course.
A lower sp benefits those putting up the finance. I'm not too surprised the lid was put on the TNG pot on Friday. It was boiling over.
Very very interested to hear what PB comes back with, in the next week or so.
TNG Finance, page-22
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