With an estimated $A900m. Cash On Hand at 30 June 2022. I would think we already will have enough for:
1.Posco 18% and Posco 30% if we go that way.
2. Calix demonstration plant and product development.
3. Pay off debt if that is considered to be the right way to go and:
4. Further develop the the mine site.
If not enough then there will be another record September quarter followed by a further record December quarter. Like $A800 to $A900m minimum after tax for those 2 quarters combined alone. Strike I better buy more. But I can't because my super fund is well and truly maxed out with PLS shares. Would if I could. Not advice.
Ann: Update on Downstream Joint Venture with POSCO, page-18
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