As far as im concerned, some offtake agreements is about all thats left in my box ticking for these guys. The funding for stage 2 will be sorted for sure once they are done. The PPF looks like a good start and I'm pretty comfortable with their staged approach to bring in cashflows. Lessens the financial risk and lets the bussiness start earlier.
Do either of you expect most of the options to be excersised and converted?
A4N Construction Progress, page-29
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