Yes sure, the NPV is approx A$ 930m at current zinc price and exchange rates.
Even if only $3m, not a great look if done at a discount off the back of such company making news especially if it is institution and SI's mates only. It is another 5.6% further dilution that does seem needed right at this point and price level. Any valid reason why they couldn't wait for a week or two to let the news sink in and the price adjust accordingly?
Anyway onwards an upwards to the double digits!
Ann: Preliminary Approval for up to US$657m in Funding from EXIM, page-71
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