AGM, page-128

Where did I get $500M from? Albert Tse's own slides $500M Capex.
More info


@ 10:35 onwards - Albert Tse's own words.
"Brine projects typically take about 2.5 to3 years to build and then takes another 3 years to actually ramp up. So you are talking about 6 years. Before, before that product comes online, assuming you are fully funded today"

So is SDV fully funded today? NO

Regardless of JV or Debt or CR, it still needs to be funded. JV/CR is most likely route to raise such $$, which can include listing on HKSE to draw in new $$, thereby diluting existing shareholders.

Directors won't get diluted. Why? They can top up from the remuneration/performance bonus/options, etc every year.

Do you need "How to Research for Dummies" ? just like GeForce wanting "Charting for Dummies" ??