Should SDL be able to get this project up and running whilst retaining equity at mine level, imo, the board will be seen as geniuses. How many juniors could raise the sort of capital we are talking about whilst still retaining up to 50% equity? Not many.
Twiggy pulled off minor miracles to get bank and institutional support. Allegedly told porkies over offtake agreements. Reinhart needed 19 banks and instos to fund the 8 bill or so expansion to her empire, whilst having loads of assests in her back pocket. SDL would join these ranks if our board can achieve what they are aiming to do. They have relinquished the thought of owning the infrastructure and up to half the mine. It would still be an achievement of a lifetime.You either think they can pull this off or you don't.
I believe so I hold.
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