You are too emotive here;
Accumulated losses, that’s standard, and great for profitable years going forward. So any shareholder getting involved now wins... losses stay on the books. Accounting 101.
As for the Capex, that’s standard for a project this large..ask Lynas about that one. I’m sure you understand this is a REO.
Further, the government does its own DD, of equal standards to private injection. Are you suggesting they have got it wrong with the $200M? What company do you represent? What educational and professional qualifications do you have to make these claims that contradict these institutions that provide loans/finance for a living?
Ann: Senior debt process update, page-52
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