Ann: Placement timetable update, page-29

Lenders could very well be lining up if the interest rate is high enough. Achieving finance is great, but if the interest rate achieved is too high then not only does it take away from the financial return but also put the company at risk in a oil price downturn.

Given you appear to be across this financing, are you willing to have a stab at the likely interest rate?

We have heard it could be anywhere 4% through to 10%.

4% will be excellent
6% will be good
8% will be ok
9.5% will be a poor outcome
10% and above will be very disappointing
All imo