September 2018 - State of PSD, page-55

AP I think the recent NAIF loan to sheffield mineral sands mining goes to show they are willing to back individual projects, rather than pure infrastructure. This decision IS hugely relevant and should give massive support to the idea that PSD will be not only eligible but likely to see fundIng of some capacIty from NAIF. The breakdown for sheffield is $30m for project development, and $65m for related Infrastructure. The recent funding decision has backed a resource project which is on the riskier end of the spectrum with far less scale, and therefore gives huge probability to the recent changes bringing PSD right up there for eligibility. There was an article I read discussing this today. I don't know how to put photos in otherwise I would. So the argument on infrastructure alone appears wrong. Project backing now firmly on the cards.