Kevin and his team are doing the absolute right thing by shareholders and managing their cash flow to the needs of the ouflows.
The easy thing for them to do (which is the done thing by many lifestyle companies) is to just go to a broker and raise some cash.
Obviously this would be dilutionary so instead they do a great deal with Sandvik and have now covered a great little chunk of their immediate cash flow requirements
But dont forget, investment in a company like this is all about investment in the management of the company - and they just keep on delivering.
And you can bet they have an ace up their sleeve because this project is getting the attention of many many parties - state Govt, Comm govt and many others.
They have what they need now but the rest of the funding WILL be forthcoming when they need it.
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