not too concerned about the funding model just yet Torp, if this thing gets anywhere near a positive FID then 4.3c will be well in the rear view mirror! And with no raising required to get to that point, not much risk of dilution along the way this year
The government is only liable for the enviro legacy, can't see them helping actually fund the process plant build. Very reasonable to think they may pay to get some clean up done, as they are already spending money to ensure no further environmental damage from current state
"“The Department of Natural Resources and Mines has improved the capacity and efficiency of the site’s lime-dosing water treatment plant which - together with four water evaporators operating on site - are treating and removing up to 5.6 megalitres of pit water each day."
that shows they are already spending money there, if they could pass off that work (but not the liability!) to CRB, then potentially that's another revenue stream
CRB Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
