Renard - To put this into its incredible context.
Let us simply take assumption that as CE has said, savings of 500m, and let us also poe an additional 250m to capex, with low risk approvals.
Now, this is the context.
Brother of Winsome, is Awesome resources with identical Adina, they call it Bedina.
Awesome Resources has just completed its DFS, and the total cost for Bedina is 750m capex.
Now Awesome resources like many larger capital projects wonders how it will ever get that financed without heavily diluting the registry.
In the mail the next day, they get a letter from the government, and this is the context.
"Dear Awesome, we have awarded you 500m in a grant, that must be spent on your capital build, and we wave our magic wand and approve the build of your plant"
Awesome managing director Christine, jumps for joy,, now she says to her self, let me tell the ASX and the shareholders all about it. What do you think the market reaction would be ?
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