Ann: $5m Equity Placement & Tribeca US$60m Project Finance, page-22

@Bosswhat

U must love invest along side with chinese, whose listings havent had many luck on ASX.

One of the things chinese typically love to do is ann something like "we secured fund xyz% more than weighted avg".. SUP and YPB just done that over last few weeks... it usually doesnt work well on ASX given chinese credability here...

As to the asset, SUP has less better asset than HRR given its metal mix and less scale... but its mc and potential debt already look expensive, given HRR cant even cant pay back within 5 yrs based on current metal price, one would doubt SUP has any chance get close to FID