Hartley's were involved in the last CR. No doubt they'd love a piece of the development financing, but it isn't needed. The existing MOU with NFC contemplates construction covered with 70% debt and 20% project stake on some NPV multiple. Conceivably the 20% project stake can cover the remaining 30% development cost, with sufficient working capital for a few years. Latest info is they're considering even higher levels of funding from NFC- quarterly report.
Hartley's predictions of billions of new shares in their report are just wishful thinking.
Any further CR will not be forced and at a much higher price.
Hartleys, page-15
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $287 | 95.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 117621549 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2545244 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| IBG (ASX) Chart |