Loans are ignored in all levels of FS by everyone?
Surely banks look at EBITDA and whether everything supporting it is credible?
If you want to split hairs which is something that is necessary if you want to compare projects you need to know the games these SOP companies are playing.
SOP price is a big one as you know.
The state royalty used by everyone apart from RWD is unrealistic.
I don’t hold KLL but I want to see them get the party started in WA.
Other credible products will start to look very good value.
I hope Shorten doesn’t order a review of NAIF loans.
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