the wa govt has committed 350 milliom the fed govt is expected...

the wa govt has committed 350 milliom the fed govt is expected to ann match funding so thats 700 million mitsibishi i imagine will be able to get a low cost interest loan i would also expect a cap raising or opr will be floated

i would point out to that the mmx opr buisness model was built on not getting funding from govts so that is a bonus mitsibishi has always said they will build the port and i dont think they will struggle lol to get a loan

fact is the port will happen an office has opened in gero breakwater work not far away a bfs will be conducted i dont think finance will be an issue somehow mitsibishi are also due in june i think to pay another tranche of cash to mmx

also customer contracts will be signed in the next year along with the ann re the mid west rail corridor then the bfs then we will be having a new deepwater port visit the opr site for more detail