re: Ann: Phoenix to stage development project... 40m? Me mislead?
136m. says right there. If Norton will come up with the money all good but will they for roughly 20%++ post tax IRR?
Not sure.
I can bet you if Norton won't exercise it, PXG will NOT be able to raise it themselves. Who would stump up the cash for PXG if Norton wont?
I can see the toll-treatment going ahead though but it won't be much.
re: Ann: Phoenix to stage development project... 40m? Me...
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