I note on the NRF website they state they do not provide grants. They provide debt and/or equity finance. The requirement is they are paid back and expect a return on investment. They encourage co-investment so imo if we have an upcoming CR, ADO may well announce an equal co-investment from NRF. Even the better if this is wrapped around a commercial deal where we need investment for working capital. Hopefully (IMO) this may explain the silence from ADO management
2024 - The year of ADO, page-494
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