This option sat in our back pocket after we received offers of $55mn in 48 minutes, for the Bouldercombe Battery, and turned good money away.
I'll admit I was more than happy for a JV partner to take 50%...but the prospect of retaining 100% after the 30 years (if EA do not elect to acquire the project) is very, very, welcome.
Regards,
Jeremy
Ann: GNX Launches $90M Underwritten Raising for Kidston Hydro, page-7
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