Whats interesting is that ANZ is also involved in the lending process. This strengthens the decision to offer FGE the life line when the market and other lenders would not.
10 Billion dollars is a massive spending in this market conditions, when all others are contracting expansion.
This can only strengthen FGE's position knowing that the project is solid and funded. Nothing worst than being in FGE's position and then the project gets cancelled or put on hold should the lenders fail to provide the loans.
FGE Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
