$200m funding is not a small amount at this stage of the project. It speeds up project progression and negotiation with offtakers. And HIO hasn't even complete it's confirmatory BFS drilling and pilot plant. BFS will also only be released end 2022. No wonder Bryan was saying that he isn't worried about the capex at all. He can raise them when the time comes.
Ann: Hawsons secures A$ 200m equity funding package, page-118
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