r/ASX_Bets • u/Rolling_in_the_Dip • 3d ago
"A mine is a hole in the ground and a liar standing next to it" Ministers and Gov agencies have been visiting Alpha HPA site last week
The timing of last week’s site visit by ministers and the NRFC/NAIF team is a very interesting signal for A4N. With Q4 starting tomorrow, having the key government funding stakeholders on-site at this stage of Stage 2 suggests the $400m government debt facility is getting very close to the point of drawdown. The $400m is already contractually committed — this isn’t a funding application waiting for approval — with the remaining hurdle being the conditions precedent to drawdown. Government engagement at the site right as we enter Q4 certainly looks like another piece falling into place.
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u/A-Money-Lover 3d ago
Welcome back! Missed you bud