Patience is needed but exciting times - even if it is a no its conventional solar technology, shouldn't be a problem finding some debt financing.
We were one of the biggest projects asking for funding plus probably the most in need to ARENA support. Below are the 4 other projects that are the same size or greater than the Kidston Solar Project (ignoring the 100MW potential expansion).
Origin Energy Limited - Darling Downs Solar Farm - QLD
106.8 MW
Gannawarra Solar Farm Pty Ltd - Gannawarra Solar Farm - VIC
52.8 MW
Syncline Energy Pty Ltd - Bannerton Solar Park - VIC
51.2MW
FRV Services Australia Pty Ltd - Baralaba Solar Farm - QLD
50.0 MW
Origin Energy is a AUD 9B company, I am sure they can support themselves. FRV is also quite a large global entity. Make of this what you will.
GNX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held