Bank lending pre production very very challenging in mining space. CR's are ok to keep things moving up until DFS. Offtake partners would be ideal, but probably be great to get through preproduction challenges to maximise our SH value before giving our shares away at a discounted pre DFS value.
This funding will be the fastest and commercial method of moving forward to eventual production.
I'm sorry, but some of the other views on why we shouldn't do this are heads up your ass stuff. We finally have momentum, glad to see Steve has LKE on the wave.
Ann: Joint Financial Advisors for Kachi Appointed, page-19
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