Ann: Blackstone Completes Ta Khoa Refinery Pre-feasibilty Study, page-68

IMO which may not be worth the effort of reading
It is an opening position.
Here is the project, now what does the company have to give away to get funding.?
How many partners are keen and enabled to make the kind of deal required. What trade offs are they willing to make to the company's advantage.
Is there skill in the board to get the best deal?. The last deal they did with ecopro was good then, and it still is.
This next deal/deals I expect will be multifaceted as both concentrate suppliers and OEM's can contribute to project funding.

Anyway in this environment i'm sure a deal to cover 491 + 314 Mill CAPEX will happen. ..
so i'm sure there will more than a few bags over the next few years making it worth a hold.

While we wait we can hope it will be as spectacular as the numbers say. A $4.50 share price in 2028 seems possible.