INR 4.55% 23.0¢ ioneer ltd

Ann: Rhyolite Ridge Project Update, page-7

  1. 2,136 Posts.
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    Are you reading a different announcement?

    They say

    "ioneer is pleased to announce that previously discussed negotiations with a financial
    strategic partner are now at an advanced stage and we anticipate concluding and
    announcing a significant funding agreement in Q3 2021. ioneer anticipates this process
    should deliver the majority of the required equity component of the Rhyolite Ridge funding
    stack, which will lead to an acceleration of debt and trade finance discussions that have been
    positively progressing for many months.

    That looks ok to me - yes, they then have to fine tune it, but it's announcing the strategic partner which is important - it will be another box ticked

    If first production is blown out to 2H24 then you will just have to be patient

    This is a no brainer of a stock with fabulous long term capital gains to be made. Its not a trading stock for fly by nighters

    PS - did you raise your concerns with Bernard???


    Last edited by Ty Cat Mac: 26/07/21
 
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