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clock Created with Sketch. 20/07/23
20:38
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Originally posted by Jimmy08:
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That is actually not a bad way to look at it, have an open mind to all potential possibilities, we now have two potential partners which could help facilitate the development of the BAM project (MC and POSCO), this is a good thing to have the support of two major players but we also should take into account that we have approx $310M in the bank if we unlock the government loan. With recent inflation and capex/opex increases and the current graphite market, the question is; how much money will we actually need, are we going to get diluted further down the track with fund raisings? And in turn how much potential upside is there in the current SP?
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The market is choca with hesitancy Jimmy, especially the energy sector.
(20min delay)