SFX sheffield resources limited

Hearing Date, page-18

  1. 2,079 Posts.
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    Cabe,

    Skeptism is probably the right word, just for me there holes in this story. I am obviously a minority view, because insto's and others keep picking it up in the 70's.

    Native Title
    That will get done, probably nothing to add there.

    Funding/Offtakes
    No way in hell that Taurus will hand over a $US200m cheque without all the offtakes in place. It's a big wad of money and they will want comfort that all the products will be sold to pay this debt.

    Begs another question, why didn't Taurus JV it and throw their part of the funding in, instead of just bankrolling a large part of it?

    P
 
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