All valid - I’ll be watching spot prices in the weeks after the CNY holiday, if they go sideways or red, then it won’t look good for first half of the year. But I’m hopeful that this period might provide a small rebound (possibly something like $1000/t SC6.
Did you see the comment in yesterday’s ANN which seemed to indicate the company wants the successful offtake party to provide both prepayment and a debt facility? (At least this was my interpretation).
My guess is that we will be targeting something like $110m prepayment for 250,000tpa, $50-75m debt facility and $100m equity raise @ 25 cents a share = 400m new shares
LRS General Discussion, page-16548
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Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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