HAS 4.35% 22.0¢ hastings technology metals ltd

Ann: Investor Update Call, page-28

  1. 311 Posts.
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    Believe NAIF and export Australia are supported / backed by Gov but are essentially loans which have to be repaid inclusive of interest. This is vastly different to government grants (which is definitely tax payers $) that typically does not need be repaid. The formers are commercial instruments, the latter is not.

    With these available and on likely better terms than KFW and any Nordic bonds arrangement… why not pursue this. Seems like a sound and rationale financing decision (albeit slightly delaying the project) than jumping at inferior arrangements in the get go. I too never married the first that I jumped into bed with.
 
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