I imagine at the stage of deciding to fund development, they will have further de-risked the mine and increased the estimated resource value. Couldn't they take a loan against their share of the asset to fund their portion of the $690M?
I'm already starting to imagine the ways I'm going to spend the money made on this one! Good luck everyone!
XAM Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Good luck everyone!
(20min delay)