Any accountants in the room.? What is the point of using part or all of a loan facility to complete expansion when the funds are readily available from swelling cash account? Wouldn’t there be some interest to pay on any of that credit used?
I just don’t understand.
OK. It shows confidence in PLS but P680 was going ahead regardless of credit facilities being obtained.
I wonder if the same credit can be put to use for FID P1000.
Ann: Government financing to support Pilgangoora expansion, page-28
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