They have appointed Cutfield Freeman to arrange and structure the debt.
It is neither A, B or C. It is D, which is that CF are seeking expressions of interest from parties capable of providing the debt funding. Pricing negotiations will occur once there are several parties at the table. The money is probably going to available given we are at the point in the commodities cycle where big projects get their capex requirements. I would imagine if they can't get it funded this year they will likely not get it funded this cycle but my bet is they will get it funded (DYOR).
The other purpose for CF is to create tension in the process seeing as the Chinese are already at the table.
2018 Outlook, page-6
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.924M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $161 | 40.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23122250 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21710501 | 12 |
View Market Depth
| Last trade - 10.04am 19/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |