Ok.
Like I say I'm no expert but from my reading of it, it looks to me that the $561 mil, as you say, is the initial cost of the BOOT components, but it appears to me this is going to be covered, initially, by the supplier/operator of the BOOT facilities, not TNG?
TNG then gets the BOOT suppliers to operate the facilities once in production, and pays them accordingly, while TNG also pays off the "debt" to them plus interest out of revenue over the subsequent mine life (16 years).
At the 16 year point TNG would become the owner of the facilities?
TNG Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
