Lets not write off prepayments (offtake)... that's not debt, nor equity... but does mean no dilution... and when parties are crying out for it, I think this is a real option and would hope management are pursuing this as the number 1 alternative IMO.
our advantage is that our CAPEX is cheap in real terms and on a relative basis...
prepayments could fund the majority of our initial investment, leaving a minimal amount to fund otherwise... we could even leverage off the balance sheet of one of our potential partners too and perhaps get debt that way?
we have a number of alternatives... but with such a low capex, I strongly believe funding wont be a problem, we just need a PFS that will support what we want to do, and how we want to do it, in that part of the world.
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