In the quarterly they mention EUR150M loan at 60% gearing, which means equity 40% or EUR100M.
- Are they saying that the cost to build this plant is now only EUR250M = US$275M. (The DFS in 1 July 2021 had capex of US$484M).
- The obvious question is where is EUR100M or AUD$165M equity coming from?
In the quarterly they mention EUR150M loan at 60% gearing, which...
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