I agree but this NAIF comment has been in the announcements pre Yarabubba.
NAIF can actually go in for equity now after the change in December. But they are limited by 10% of their total funds. They have already given out $2.4b of the $5b. This means they could invest $500m in equity and $2.1b in loans. They have also extended the fund for another 5 years to 2026.
If Yarrabubba is now in play with NAIF and they want more information regarding it then that should be part of the comment. I don't think the application could be changed that easily and the original application was for the GVP.
TMT Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
