As a rule, such a news (GI) is not published without the approval of the management.
FYI is thus giving potential skeptics a first partial answer to the obvious question of how to represent the calculated 189 million USD investment requirement for the HPA project.It is usually the case that companies first secure the loan component for capital-intensive projects and then look for equity.FYI does it - unconventionally - the other way around.However, one can assume that the equity commitment will have a positive effect on any off-take partners as well as on future (public) lenders.The perspective for the actual feasibility of the project becomes much more predictable for everyone involved.
FYI Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
