Running discussion on SP, page-51854

I genuinely think that a lot of people are going to be left saying FFS or looking like a bit of an idiot for trolling AVZ or doubting it over the last year. Even said experts will be left going well.. we have to acknowledge AVZ now.

I watched a couple of videos from pre covid and the plan there was to finance by selling part of the project or "equity placement at a premium". With how hot Li market is currently, equity at a premium is more than likely. I am expecting this to follow quite quickly after the ML is issued.

If we take a 30-40% premium we are looking at + 40c. You only have to look around the corner to see CATL buying in at a 40% premium in the DRC.

https://auto.economictimes.indiatimes.com/news/auto-components/chinas-catl-huayou-eye-10-stakes-in-miner-jinchuan-sources/85659330

The rest of financing IMO will then come from supportive DFIs to make up the debt component.

All imo of course but i am expecting a few sharp moves shortly.