yes exactly, imo the next raise will be a deal with a strategic (plus some FTF) and may comprise
- placement at premium to SP to provide working capital
- commitment to provide or facilitate debt financing for capex
- offtake prepayment?
- equity share in conversion facility?
I assume WR1 will pay for Renard entirely in equity in March 2025, March 2026 and March 2027 when SPs are higher than today. Maybe 25m additional shares total.
Capex I think could be as low as 150m AUD for plant upgrade and Winsome's share of road costs, ie far less debt financing required than what Mitsubishi will facilitate for FL (who are aiming for just 160ktpa production, compared to WR1 which should manage 300-400ktpa for a tiny fraction of the capex.)
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-30066
-
- There are more pages in this discussion • 1,026 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
76.5¢ |
Change
0.005(0.66%) |
Mkt cap ! $164.5M |
Open | High | Low | Value | Volume |
76.5¢ | 78.0¢ | 74.5¢ | $493.9K | 651.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43997 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 10476 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43997 | 0.750 |
1 | 5000 | 0.745 |
1 | 15000 | 0.740 |
1 | 1300 | 0.735 |
2 | 10024 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 1000 | 1 |
0.775 | 7376 | 2 |
0.780 | 2160 | 1 |
0.790 | 60000 | 1 |
0.795 | 29946 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online