RE: News already priced in18 Apr 2022 09:48
pauldrayton, I believe there was talk of the new Sealion project being scaled down to a $1bn project producing around 50k barrels. $500m would come from debt financing leaving Navitas and RKH to fund the remaining $500m. RKH's share would be 35% of $500m ($175m) but Navitas will provide a loan to 2/3 of RKH's $175m.