Great progress, holders.
KLL wants another $45.3m with a very attractive ROI.
NAIF could easily fund this - it would be a rounding error for the sorely underused Northern Australia development finance facility.
A little more equity may be desired to keep the balance sheet cosy, say, a third or $15m.
KLL MC is near $200m and likely to rise strongly in coming weeks. A 1:10 issue would be easily digested.
Ash
Ann: Investor Presentation - First SOP Production and Update, page-11
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