I really like the way that Jeremy Kirkwood presents and carries...

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    I really like the way that Jeremy Kirkwood presents and carries himself.


    I like the plan that they have to attract strategic investors.


    I feel comfortable and confident that under Jeremy’s leadership that Hawsons will be able to attract appropriate strategic investors and move the project forward.


    Given the timing, I acknowledge that funds could be tight to get to completion of BFS funding from strategic investors without the need to raise additional capital. However, I would expect that if additional capital is needed to be raised, that it would not be as significant as past capital raises and that given Jeremy’s background, it would be done in such a way that would minimise any dilution. Jeremy mentioned in his presentation that preferred partners would be shortlisted. I think its possible that some short term funding could be provided by those strategic partners that would soon thereafter provide substantially more funds to complete the BFS. For example, if a potential partner wants some additional drilling completed prior to investing, they may be willing to assist with some funding for that purpose. I have seen similar staged arrangements prior to binding commitments to become a JV partner.

    Last edited by That Fundamental Guy: 28/11/23
 
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