IMVHO implied by your information is that if they need more capital in say 6 months to a year.
the would want to announce progress on one or both of the two main fronts.
BeingIMVHO that's reasonable. Otherwise they may have to fall back on their Malaysian Benefactor (short term).
- funding for the Johore plan > the greenbond.
- something more concrete wrt coating e.g. agreement with automakers or significant (market moving) progress with PFS.
Two further unrelated things occur to me.I think Iggy and the Dr. are a little ball of sweat at present (and they aren't in Darwin).
- they wouldn't have accelerate the spend on coatings tech. if they didn't believe it has legs.
- the Edison comment "success is 99% perspiration and 1% inspiration"
BTW: I think my wife's going to get me up to Darwin just before the "wet". Then I'll be the little ball of sweat. (only one of the two of us has been up that way). Sorry if I digressed.
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