With respect to some of the ill-informed commentary about LTR, I think a bit more proper investigation using the public announcements rather than pure guess work is in order. @dtab has his numbers right. As for capital raising, there has never been a capital raising of anything like the $2bn mentioned by someone. I think a raising of AUD464 or thereabouts was the number to initially fund the capex for the mine and plant which was supplemented by a loan facility from Ford of AUD300m.
Since then a further AUD376m was raised late 2023 to cover cost blowouts since the initial raise in November 2021 from memory. There is to be a revamped debt package to meet working capital requirements until positive cash flow is reached during ramp up phase after production starts late this quarter.
regards
DF
Ann: Exclusive option to Acquire Renard Project, page-434
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