E25 element 25 limited

Ann: NAIF to provide $50m Finance for Butcherbird Expansion, page-5

  1. 3,805 Posts.
    lightbulb Created with Sketch. 7712
    Well done Justin and team.

    I wonder what the new capital cost estimate is. The last study was A$49.8m including contingency. A Government loan of A$50m has agreed. While this might look like the project is fully funded, "The Company is in discussions with a number of potential financiers for the balance of the required project finance for BBX"

    On currently released information that balance is -$0.2m. It should be a small residual balance to fund, shouldn't it?

    https://hotcopper.com.au/data/attachments/7072/7072494-50f128c3a97a4f4bb366ed8afa5ca214.jpg


    https://hotcopper.com.au/data/attachments/7072/7072480-09d333271115556cf769b42345a675f1.jpg

 
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