I suggest a lot of worry warts return to the DFS and reread.
11.3.Funding Options
The objective of the funding plan is to provide certainty of the Finniss Lithium Project and
provide Core Lithium with the flexibility to pursue growth opportunities. To achieve the
production-targets and forecast financial information contained in the DFS, Core Lithium will
require a suitable funding solution.
The extent and form of project finance will, in part, depend on risk, cost and allocation of capital.
A range or combination of finance options are open to Core Lithium to fund the development
of the Finniss Lithium Project, including:
•Commercial Debt Finance from Commercial Banks
•Low-cost Debt Finance from Federal Government Funding Agencies
•Strategic customer finance arrangements linked to product offtake
•Prepayment arrangements
•Sales, marketing and finance arrangement with global trading houses linked to
product offtake
•Project finance including convertible note structures
•Equity at both project and corporate level
•Royalty based capital and similar arrangements
The financing solution and capital management strategy includes:
•Securing a fully funded solution for the Finnis Lithium Project
•Minimising potential dilution for existing Core shareholders
•Maximising returns to all stakeholders whilst minimising dilution to existing
shareholders
•Capitalising on prevailing positive trends in the lithium market
The Company is evaluating its financing strategy with the objective of minimising dilution for
existing shareholders and for managing priorities of all invested stakeholders.
Cheers all.
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