I read in one of the articles after the EIB announcement that on top of the 1,4b to finance the project Vulcan is also trying to secure a 400m credit facility (can't find which one was). This would be used to pay the wages and working capital during construction and ramp up. I would think equity will be needed to top up the project equity and keep the 35:65. I am not sure where you get the 40% dilution, unless you are counting all capital raises
VUL megathread, page-7114
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.25 |
Change
-0.180(4.06%) |
Mkt cap ! $801.6M | |||
| Open | High | Low | Value | Volume |
| $4.32 | $4.32 | $4.19 | $775.6K | 181.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4433 | $4.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.27 | 1676 | 7 |
View Market Depth
| Last trade - 12.47pm 02/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |