It depends on several factors but I'm sure genex would have promptly provided what they needed to for NAÏF due diligence. Expect NAÏF announcement for genex project this year. The exact timing isn't possible to predict, could be this week could be in December. But the timing will have a lot to do with a funding announcement for Adani. This is all very political now, the coalition knows they will cop heat for funding coal, so expect a big fanfare soon after with an announcement for genex, the political message being 'we fund projects on merit, not ideology' (i.e. 'your not going to stop us funding coal'). Fingers crossed for GNX on this one, all indicators are positive.
GNX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
