Hi TT,
enjoyed your posts of late. I asked the question on the necessity of the partner based on your commentary. This is the response I received
1. Like any Project financing the loan is predicated on the sponsor/s having the equity to meet the expected capital required to fund the project. Ioneer does not expect to be able to meet this requirement without a JV partner.
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Ann: Update on Rhyolite Ridge Project Joint Venture, page-193
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