If you look at the previous broker reports it mentions SDL to sell half its project equity of 76.5% for a funding deal for the rail and port infrastructure , this is the most likely source of funding for Sdl's share of the mine funding and not the $400m from the 5 year expiry 2c options imo.
Ann: ANS: Proposed $100m Placement & Strategic Investment in Sund, page-242
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