Debt financing terms would be ridiculously unfavourable, especially given the project is in another country and the way banks are atm. Many companies on the ASX with Australian resources have chosen to go the capital raise road after exploring debt financing with banks.
This has no bearing on whether I think I will make money here, especially at these prices. Tin price heading back up IMO and the Tin deficit not going anywhere as Elementos have repeatedly stated themselves.
ELT Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
