it's In the last two paragraphs of the cautionary statement, where it notes the funding required. provides an outline that it may not go ahead but finishes it off outlining that it is plausible but the company would need to sell in full or partial and or cap raise. diluting current share holder value to get there.
if they get the permit this will be worth significantly more. I still feel they are confident in getting approval but the future will look different. while saying that I think price will rerate of approval and then dilute.
just my opinion dyor
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