GNX 0.00% 27.5¢ genex power limited

Ann: Funding Package and JDA Agreed with J-POWER, page-6

  1. 119 Posts.
    lightbulb Created with Sketch. 37
    So, the up front $2.5m from J-Power for the Joint Development Agreement for Bulli Creek goes straight to original acquisition costs as below. As this acquisition was August last year, we were liable for these costs in 2 months anyway (12 month anniversary clause).

    The original acquisition in August 2022 indicated these early costs
    https://hotcopper.com.au/data/attachments/5391/5391520-a68033b854d37905fa968d3d91227b9a.jpg
    Last edited by KSObserver: 30/06/23
 
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