I think you need to take into account their 75% ownership fraction when working out the capex. I think this means they will need to raise only $150m approx, the other $50m must come from the other partner organisation. But as others have said here, probably inflation will have pushed up the capex a bit, since the PFS was done. We should find out in the DFS. All imho, dyor
VR8 Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
