How long is a piece of string
Hopefully with offtakes on the cards it will head north.
Inflation data and cash rate increases will continue to fight this though.
Hopefully management can sort out the debt financing component of the project soon before we bleed more of our RoI.
Might end up being more ideal to do capital raise and consolidate down the track once project has commenced. Capital raising would reduce opex and keep profit in the hands of holders, even if diluted.
All IMO only.
External News & Commentary, page-1461
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