You might be surprised with the finance timetime as SMS,Kfw and TNG have already done due diligence for a while before the mandate was signed. SMS are no slouchers!!!
KfW IPEX-Bank has already been working closely with SMS Financial Services and TNG to refine and optimise theMount Peake financial model for the CAPEX and OPEX assumptions during the FEED study, led by TNG’s strategicengineering and construction partner SMS Group.Through this early involvement, the parties will aim to achieve an improved debt/equity structure that is tailoredto match the robust economics of the Mount Peake Project.This approach has already resulted in a positive outcome, culminating in a presentation and meeting with seniorKfW IPEX-Bank executives at TNG’s head office in Perth
