I would say the probability of a CR is high, but there are some options that make me think Bruce is waiting for something to happen. So if not a CR in the traditional sense, then what?
1. Koch payment to JV or similar deal
2. Lease of iron absorption tech
3. LG provide prepayment for lithium and further offtake agreement.
4. ICL offtake and prepayment
5. Too early for EXIM loan
6. Loan from Chia?
7. Sale of assets in WA or YC?
I think drilling will be announced after short term cash situation is addressed.
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10.5¢ |
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