NAIF can only announce after 30 business days because of commercial in confidence proticals. So it has to be seafarms which will announce I think.
There are application process Naif and companies has to go through u can find that out on
http://www.naif.gov.au/application-process/application-and-approval-procedure/
There is one company asx listed GNX announced when they are in dd stage. That was a long time ago. And they are still waiting.
https://www.google.com/url?sa=t&sou...FjABegQIBBAB&usg=AOvVaw0WYuzBgd6P1manmpQoeF2D
Above link is about SFG inquiry about NAIF. They have been following them from the start. And good thing is they have the support from Government.
With ADANI they were the first to get approved by Naif but QLD premiere use her VETO to cancel the fund for. Thatswhy it is very important to get local gov on your side.
Now I do not have inside knowledge but there were 16 companies on DD stage and 1 company on execution stage. Now when u check there r only 16 companies on DD stage. No idea what happen to that company and the name of company.
http://www.naif.gov.au/application-process/pipeline-information/
I really hope its SFG and got approved. They have been consulting with them for a long time and with the changes NAIF Announced it just a matter of time.
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