I’m not convinced Lind will be happy to lend more just yet. They still need another year to finish converting the current deal at the rate they are going, and obviously finding it hard to offload that at the moment. I wouldn’t be surprised if they reduce their conversion size to limit their risk with the next one.
If I remember rightly we drew down the last of this money in January and have had to raise by CR again since then. I wouldn’t be banking on Lind right now..
Either we get tin sales or we sell/JV other projects.. any other alternatives will be massively dilutive
You can have the best resource in the ground, but if you can’t afford to get it out you may not end up being the one to ultimately commercialise it
ANW Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
