SFX 3.39% 28.5¢ sheffield resources limited

Did you see that the NAIF coffers got topped up from $5 billion...

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  1. 204 Posts.
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    Did you see that the NAIF coffers got topped up from $5 billion to $7 billion on the 25th of January?

    Also, that Kalbar have appealed to the Federal Govt to re-assess their failed application.

    My thought is that the NAIF assessment of Thunderbird is very advanced and is now at the stage of the NAIF executives making a recommendation to the NAIF Board. If this is the case we could see a decision fall anytime now.

    I think what may be holding a NAIF announcement up is that the plan seems to be to dovetail all the financing branches together and announce as a completed package, this obviously requires more than just NAIF completion.

    If there is a conga line of applicants I'm quite comfortable that they are all behind SFX, and the increase of $2 bil in the NAIF pool also helps in this regard.

    I think we will all take a deep sigh of relief when the long awaited financing is locked away.
 
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