Halliday,
Take a look at projected free CF from OZL’s existing mines (C & PH) over that period. Look at what AC has said about funding the changes.
The risk of a funding bottleneck really only occurs if the poc tanks, a mine collapses or OZL finds an opportunity from left field to fund. How do you expect AC to scotch these?
EL
Ann: OZL: West Musgrave Ore Reserve Statement, page-25
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