Yes they mentioned funding for the SOP is in the works for 2024 within a recent announcement but that was also stated as “debt funding” so this gives the expectation that BCI isn’t intending to conduct a traditional SPP with new shares being issues etc.
So it’s *possible* we may not see any more dilution via CR by BCI, but I’m not sure how certain we can be.
Ann: Syndicated Facility Agreement for Project Finance Completed, page-11
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