A great result all up.Funding to deliver fundamental capability...

A great result all up.Funding to deliver fundamental capability trumps minor dilution and larger institutional discounts every time.

The 4.5Mt DFS capacity now is largely funded. They can start the works and if there was an outstanding ML question from the DRC government it would have been:
"If we say yes to mining, can you get it to happen funding wise, do you have the money?".

This just answered the question with an emphatic "yes we can!".

So this may set off further dynamics, since we know the consideration is to go to 10Mt, hydroxide etc.
I could see the fact we were able to put together the 4.5Mt by ourselves as evidence that we are going mining meaning that further money will come to the table for the larger 10Mt mine capacity.

This funding game is not over yet.

GLTAH