Lets assume $250 mil as above that Northvolt got to be conservative . $250 + Just Fund $50 mil gives us $300 mil of the Billion I assume for capex . 50% of balance is $350 mil from EIB and around $175 from ERBD . So 250 + 50 + 350 + 175 = $825 for capex leaving our half to raise for capex of aprox $130 odd Million AUD throw in some prepaid offtakes and it will even be less .
EMH Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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