Hi PP2. Living in Godzone I dont get the immersion in Fed and State politics like Aussie posters but clearly NT needs support to generate growth at the moment and that is one purpose of the NAIF I guess. So political timing would create further incentives for Governments to be proactive. Thar might be behind recent publicity on the loans.
I have looked at some recent examples were NAIF loans have be aproved and even though they are loans of last resort the loans have recieved conditional approval prior to the balance of finance being secured. I think the logic is that it makes the project more attractive to possible debt or equity partners more attractive.
Be great if that's the position with TNG.
TNG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
