ARH australasian resources limited

What are posters thoughts on this?MCC can opt to fund "up to"...

  1. 1,118 Posts.
    What are posters thoughts on this?

    MCC can opt to fund "up to" 70% of the capital required... for an equal proporion of offtake rights.

    There is a massive difference between say, MCC funding 20%-30% of the project ($630-$840million of the $2.1Billion) and 70% ($1.47Billion).

    Is there any reason to suspect that MCC will opt for any less than 70%?

    Why was it capped at 70%? Why were MCC not given the opportunity to fund 100%?

    Cheers
 
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