Good question mate. The way SYR did it the first time was announce the Tesla off-take on 23/12/2021, the FID and the CR on 07/02/2022 then the loan on the 19/04/2022. 6 weeks after the CR closed so it didn't unduly influence the CR and SYR had to have their funding in place before they received conditional approval for the loan.
But the 2nd time can be different because SYR has a history. They already have the 11.25kt in place as collateral to secure the loan and the DOE know SYR will go ahead with the build lowering the risk profile. Also the new build is only duplicating 3 more modules of what they just built. They now have the technical know how further reducing the risk.
I'll will be interesting to see what happens and which way they proceed. Not to mention the US's new urgency for rapid expansion.
Great Short Opportunity, page-218
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $817.2K | 2.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 340333 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 315277 | 5 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |