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At the risk of sounding like a broken record,there will be an...

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  1. 1,020 Posts.
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    At the risk of sounding like a broken record,there will be an equity component of circa 30% of TOTAL funds raised,which will be well above the headline capex number.Even if we put on our optimist hats (not that I own one),and assumed 80:20 debt/equity split,there will be dilution and unless it's raised at project level,it will be significant.

    I don't wan't to seem like I'm raining on the parade,but,dreaming of unicorn outcomes will only lead to disappointment.

 
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