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08/08/17
09:51
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Originally posted by Simmpa
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Are you seriously suggesting the QLD government/Federal Government/Northern Australia (read the Australia part) Infrastructure Facility will not only fund the battery plant(s?), but a ~$280m mine in Tanzania as well?
And how do you propose the respective government bodies sell this to their constituents, you know, the ones paying for this? And how much will Magnis have to give up for the funds?
We can’t get $100m for a road, but $280m for a mine in Tanzania?
Remember, these are austere times Trommel.
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I don't recall mentioning anything about the QLD/Federal government or NAIF.
This is what I wrote "Mine finance could be anytime really if the consortium achieves finance for the battery plants as they might be linked? "
Perhaps you need glasses?