Hang on, I thought nobody in their right might would lend to us...

Hang on, I thought nobody in their right might would lend to us based on unitisation risk.
Let's see if this whole "people are shorting because of capital raising risk" plays out. If so, we'll see a massive decline in short reported. But I very much doubt it, to be honest. But always happy to see shorters burnt.
This is a huge endorsement from Macquarie too, whose recent support has been luke warm (i.e. the terrible analyst report). This should put a few minds at rest.
@618 I agree, the fact that they don't have to start repaying the principle until Dec 2026 also leapt out at me too. By then we might have three gas plants up and running, or very close to...
It's been a while since SN has pulled a rabbit from a hat, but this was a good one.
Next, SE update (which you'll think would suggest they are progressing toward FID, after this financing announcement).
Flow testing for Walyering 7
Drilling of ED
Booth

Quite a bit to look forward too.