Jukes, Aces I agree they will be separate. A 5 MW plant at Garden Island will be made up of WA grant and cap raiser, I don't think the REDP can be broken up into bits. I also don't think Investec will have anything to do with Garden Island, but I may be wrong. I think that the REDP money if it is granted will go to a separate 50 MW plant using the Investec money. After what BB reported from the stand re the Brumby summons and the grants available, REDP combined with VIC grants and Investec looks real good. I'm not looking forward to another cap raiser though, my average buy is now .21. I still haven't found company announcement stating how much they have asked for, only newspaper articles and none of those contain " quotes from company ", Aces, BB perhaps you guys have something.
Exciting times
SAS
Ann: WA Commercial Project Site Decision , page-22
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