Nice interview. It has given me a fair bit more confidence that the funding will be found. I may be reading too much into it, but it sounds like AAU is thinking of possibly insuring, at a cost, the JV against default, to guarantee that funding will be made available. It may mean the JV will be worth a few million less, out of >$200m NPV but worthwhile, in my view, to ensure that the project can go ahead.
AAU In the Media, page-4
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