BFS has NAIF funding written all over it. .so much reference to benefit it will make to Qld businesses & it’s a no brainer it will get approved .
Another box ticked off with BFS release and hopefully SKI exercise their options ASAP .
tomorrows AGM will be great opportunity to Suss the vibes and excitement . I am sure management team is excited and looking forward to finance deal finalised . bugger can’t attend .
so, funding will be SKI 80 million equity , NAIF ?? Let’s say $200 million debt ..
they will need another $600 mn of which approx $400 may be debt ( most probs banks or SKi contacts ) and $200mn might be equity which may be raised by beginning of 2020.
exciting times ahead and looking forward to the future ... & this is just the first project
cheers
tg
BFS has NAIF funding written all over it. .so much reference to...
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