Wild Cat,
I read an article last night where Lorry hopes to be able to negotiate the deal with the govt on their 40% earlier than planned which could bring forward the project by 6 months or so.
This will enable STB to get funding for it's 66% of the CAPEX (500mil) easier and are looking at Chinese or Arab bank to fund the part debt part cap raising.
Also said it is not for sale to anyone wanting to come in and reduce output / price. Just want a strategic partner to ramp it up. Sounds good imo.
Said it will be a massive year for STB.
article was on minesite if you or anyone interested but you have to sign up.
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