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@bobadah the Australian market is highly influenced by investor...

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BigDaddy77

287 Posts.

137

20/12/18

09:32

Post #: 36915489
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Originally posted by bobadah ↑

Originally posted by journeyman
Originally posted by BigDaddy77
"Under the mandate letter (Mandate) executed between the parties, KfW IPEX-Bank will structure, coordinate, lead,arrange and manage a syndicate to raise a targeted amount of US$600 million (A$850 million) to underpin theproject financing package."
That's actually spot on...!!? So KfW is targeting raising 100% of the capex with debt funding... how the fark hasn't the share price responded more to this if this is the case??

I think we've all been mixing up the exchange rates etc..
Why hasn't the share price responded?
I suspect many of us are very doubtful as to the integrity of our board and management, me included. That will be a factor holding back the share price until we get more absolute facts.

However, I am still heavily into this project because, whatever we might think about their integrity, I don't think they are out and out crooks. Further, they have a distinct interest in this project being successful and in that regard we all share a mutual desire.

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@bobadah the Australian market is highly influenced by investor sentiments globally, particularly Wall Street. Wall Street stocks are on track to have the worst December period since the Great Depression.

TNG Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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