Looking around the sector, it is pretty clear that capital and the raisings have been extremely well managed the last 20 months here, putting us in an enviable position.
Depending on land acquisitions, the company will likely need additional capital somewhere between late April and Late July next year.
As we progress the project the costs per qtr will only increase. That’s par for the course with more drilling, met work, DFS costs.
If there was an off take with some financial assistance, there is always a cost to pay one way or another so best not sell ourselves cheaply. Also these kinds of finance are for direct capex rather than working capital.
LRS General Discussion, page-15284
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