Agree, there is no point in focusing on we don't know but it will be an interesting piece of the puzzle. It is always interesting that any new acquisition or capital raise requires full disclosure of who, how, what and when but debt funding (for the reasons you outline) is not subject to the same scrutiny for investors.
If AOW's plans come together, this is going to be a strong cash flow company. Needs to lift it's Market Cap to at least the same as its debt and more or it will be trapped in the "Debt" fear category when new funding/investors are required. It is not on its own in using debt to fund projects and in the US this is seen as the path to growth (especially where debt is relatively cheap - see E2E (0.5% above Prime) v others such as EEG and SSN where margins are much higher.
AOW Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
