Company interview dated 30/6/2015.
"Again we’re not sure how much project debt we will raise, but that and export credit agency funding might provide 60% or more of the total funding. That leaves equity market funding which we estimate to be around 20 to 30% of the total, depending on what we achieve with the other funding components. This is a very important point that I’ve mentioned before. I would be surprised – shocked – if, at that stage, we won’t be raising equity at a share price significantly higher than the current ~$0.30 once we have some of the other funding components in place. We would therefore limit dilution for existing shareholders, which has always been a major priority in our funding strategy."
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