GG, I'm guessing that the debt piece is progressing at the moment. The roadshow and presentations should provide banks a couple of months to think about the debt package and the pricing - as you know, debt market is very expensive at the moment and AXO would obviously be shopping around for best price as well as aiming to get $850m that they said they wanted.
My guess is progress on debt by October, some other approvals before then. Maybe the project will get delayed a little but should be strong from end of this year.
AXO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
