Ann: Purchase of Redbank Project Assets, page-2

Great result, though would like more detail on the actual transaction such as;

1. Who is in the SPC?
2. How much funding has the SPC provided?
3. How much funding will AEJ need to raise to get the power station up and running?
4. When will the AEJ shares be lifted from trading halt?
5. Timing of when all this is to happen? or at least when the board will have a better understanding when they can share the timing with the rest of us?

All in all I still believe it is a great outcome. If the plant & equipment was purchased for $5m and it takes another $50m to start up the facility and give it sufficient working capital and the EBITDA is still above $20m like before it went into receivership the SP should sky rocket subject to how many shares and at what price the additional funding was issued at.