That's probably the simpler option so probably more likely, I wonder if the reason we haven't yet signed another offtake agreement yet is that Lindian may be looking for equity investment as they did with Gerald metals?
Ive read over the Gerald offtake agreement including their finance facility they've made available, however I can't see if there's a hook in this agreement for interest payable or shares to be issued in exchange?
Warick Grigor seems to have thought for some time now that institutional investors need to come on board, LIN clearly are thinking BIG picture, so I hope we get our socks blown off however LIN move forward on this
Africa Down Under Conference, page-11
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