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clock Created with Sketch. 14/12/20
03:31
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Originally posted by Necdet1:
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I start by bringing to your attention that "The Northern Australia Infrastructure Facility (NAIF )has approved itslargest investment todate with aloan of up to $610 million for a world first renewable energy project in north Queensland 270km north west of Townsville". Jul 12, 2019 The point is that it's unlikely NAIF will offer the full AUD1.6b funding required by SCONI.AUD972,000000
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It was $970M Usd including contingencies. It was $1.36Bn Aud @$.71 Usd, now $1.29 Aud@$0.75Usd. Where did your $200M Usd in Ancilliary costs come from? Do you think better Capex deals would be able to be struck given the financial peril many countries now find themselves in? Do you think that $970M Usd would prevail? All imho.
(20min delay)