ILU 0.31% $6.45 iluka resources limited

Ann: 2024 AGM - Chairman's and Managing Director's Addresses, page-2

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    As you are aware, we are currently in discussions with our strategic partner, the AustralianGovernment, on capital structure. I cannot disclose the status of those discussions and won’t bedrawn on precisely when arrangements might be announced, nor on likely terms.

    I’ve said before that it is extremely unlikely that the Commonwealth would countenance advancingall of the funds necessary to meet the additional capital requirement.


    countenance
    noun - support or approval
    verb - admit as acceptable or possible

    So does the above they DON'T think the Government will give them the money?
 
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