5EA set to skyrocket, page-172

Definitely a symptom of broader market decline. Fundamentally this company has only really become better. Fundamentally, weaknesses have been a decline in lithium prices and increases in costs that woud go into capex. Having said that, prices of the commodities 5EA would produce have more than offset this. The market would also be zoning in on is around capacity to raise equity and debt in a more expensive environment now. hopefully we’ve been able to stitch up govt funding and that in turn assists with a cheaper “green” debt package to get things going.