This Euler Hermes loan guarantees along with KEXIM ann on Monday now clears the path to close those debt facilities. The original USD175 million is now USD190 million - well - up to 190. Add the debt over run facility from AU Gov of 80 million appears the equity component is reducing by the day as these awaited critical ann's arrive.
Equity just how much? could be as low as around 200-250 million AUD required - from:
Hyundai/Kia.
HP.
Insto that has previously been participating.
Retail.
That would be a very positive outcome - particularly if around the circa 25c premium = 1 billion shares. Making great strides to realizing that component. That could take a few months close and have funding available for release then Oct/Nov we could see much activity at site and off site a frenzy of contractors preparing their staged appointed project contracts.
This Euler Hermes loan guarantees along with KEXIM ann on Monday...
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19.3¢ |
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Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 11.53am 09/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |