GNX 0.00% 27.5¢ genex power limited

General GNX News, page-157

  1. dej
    409 Posts.
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    I feel like there is sensitive information in that...

    - The total cost to build the project will be about AUD 820m including finance and adviser fees.
    - Debt will be used to fund around 80% of the project.
    - Term sheets are understood to have been signed with lenders.
    - Genex will formally begin seeking a joint venture partner ... next month.

    So from this, we are meant to stump up around $160m (20% of 820m) so I am assuming that's what the JV partner would be interested in participating in.
    Last edited by dej: 22/03/18
 
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