Good news indeed. However, how are they going to fund the extra $140 million of Capex? Senior debt or equity - if they have calculated an irr and term for repayment of capital, the they would have assumed a ratio of funding - would be interesting to see the split.
the dilution would push us over the 2 billion share mark.
Ann: Yangibana Project NPV increases 84% to A$1Billion (post tax), page-4
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