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4.76% 2.2¢ provaris energy ltd

in a trading halt, page-12

  1. brucesterfer
    682 Posts.
    lightbulb Created with Sketch. 300
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    27/03/12
    10:23
    Post #: 9898623
    TTE won't have to pay any of that cost cabinets.

    They are free carried upto $7.5m of expenditure, so this should all be coming out of AWE's coffers. TTE will only pay 10% of excess expenditure above the $7.5m if it is exceeded.

    TTE will however need funds if they are to progress DR11.
    GEV Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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