RE: RKH Fund Raise31 Jul 2025 08:32
I expect it was part of Navitas requirement fot FID that RKH are fully funded for their part.
No good signing off with a partner without funds ready. Not that RKH couldn't have gained it after but its all part of the due diligence for the overall funding etc.
This is another hurdle removed for, what I expect to be, a fast track to FID over the next couple of months.
All seems to be coming alive, even with JHI's recent push with ARG to get their house in order.
RKH have dropped as you would expect with a placing but they'll be back up soon enough.
All this is very good news for BOR and the sp!