Ann: Debt Financing Update, page-23

  1. 781 Posts.
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    @brushup, do state governments provide debt funding to specific projects? I'm not so sure.
    The Palaszczuk government is more a facilitator (as you say POSS status allows QPM to spruik govt support) by assisting with funds to set up the Lansdown precinct, roads, infrastructure, port etc.
    Of course now all State enviro approvals have been assessed and green-lit.
    Be interested to hear if you know of any mining/refining project that has received state government debt, but to my knowledge, that's a role only federal government agencies perform.

    Following on from @PieChart numbers, current standings are:
    $250mil? Koreans (190M USD = $267M AUD)
    $200mil Canadians
    $250mil EFA
    $500mil? NAIF (Potential to increase given NAIF's most recent project support increased from 140 to 220M)
    Plus GM $109M

    So 1.3B at least out of I reckon 1.8B the final capex drops to, is already at >70%, which is greater than the 60/40 been spoken of for a long time, with potential for more debt support.
    While non-binding, great work by the team in securing this from EDC and maintaining their active discussions with other govt agencies and commercial lenders.
    Building to a solid Dec quarterly!
    Last edited by MtnMusic: 25/01/23
 
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