This is from Cannacord:
Possible funding scenario for the Pumped Hydro and Stage 2 Solar:
Banks + CEFC 350m
NAIF 280m
Infrastructure Fund 100m
Equity Partner 50m
ARENA 10m
Equity GNX 30m
Total 820m
If we see these numbers are true Genex will raise 30m but us shareholders don't know yet at what price or how. Maybe a Rights Issue again.
And yet GNX shareprice does not respond to good news, page-8
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