The CAPEX for the coating plant is expected to be ~ €50m.
A second HPA plant was very roughly estimated to be ~ €400m.
So IMO forget about the second HPA plant. It's just an aspiration at this stage. The land was originally purchased for that purpose and they did commence work on a PFS for the second plant. That work was subsequently overtaken and morphed into the PFS for the coating plant.
They have purchased a 14ha site, large enough to accommodate multiple plant types and /or plant expansions. (The Johor plant is on 4ha).
Iggy has said the PFS will be completed this quarter having previously said it would be ready by the end of the last quarter. So more patience is required as we eagerly await the PFS results and the pilot plant build.
As for the green bonds, see Troyus's post at 10:02.
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