They didn’t said much in the report a part from
- plant 2 could be operational 4-6 months from commencing refurbishment then extended by saying refurbishment could finish by EOY 2022 and starting plant 2 first qtr next year, sequentially which means they will start plant 2 as soon as refurbishment finishes.
- Settlement negotiations entered in final stage (main topic)
- Maybe NE sell is around the corner too (if yes then we don’t need any other loans)
Funny how they expressed briging facility loan repayments will be paid from nett proceeds from NE sell (page 4, top two lines).
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