Four new broker reports available, page-4

My main takeaways:

• J-POWER will likely get 15% at $0.267, as a result of recent dilution.
• upfront capex contribution has been reconfirmed ($100mn GNX, $130mn Powerlink) it appears the last negotiating point, operations and maintenance cost sharing, is still being worked on.
• Construction activities at Jemalong continued across the quarter with construction now ~75% complete.
• Euroz have increased their price target from $0.30 to $0.35
• ARENA will apply a project grant after the transmission announcement, allowing us to close.
• Tender underway for Como LI-battery.
• September FID for K2H considered by Euroz to be a foregone conclusion.