SFG Share price jump. Massive potential, page-83

And, not to pick on you, Bonnie, but read this as if you were a lawyer, this is the bit to which you refer:

Seafarms continues with its discussions/engagement with project lenders and equipment financiers, Federal Government’s A$5B Northern Australian Infrastructure Fund (NAIF) and the Northern Territory's Infrastructure Fund (A$0.2B. Changes in NAIF’s mandate strengthens it’s capacity and flexibility to provide finance to projects like PSD as well as removing the 50% debt cap limitation.​

These are two different statements: statement one - the company is taking to three groups of people - project lenders, equipment financiers and the NAIF. statement two - By the way, the NAIF has more flexibility than it used to have, because it used to only be allowed to finance stuff with a 50% debt-cap.

What this doesn't tell us is what things they are going to ask each of these three groups to finance. It would not make sense to talk to equipment financiers about building sheds, for instance - just like it wouldn't make sense to talk to the NAIF about leasing bulldozers.

When you consider this throw-away line in the context of what the NAIF was designed, legislated and mandated to do (under the updated mandate alluded to in the EGM presentation), the hopes that NAIF is going to write a cheque for $2bln to get PSD financed from end-to-end just doesn't stand up.