One of the strategic review mentioned:
"A review of the longer-term capital management options to support Company’s longer-term strategy, including a review of the Lithco Facility"
IMO. This seems to suggest getting a bigger loan facility to pay off the A$40m Tribeca debt. It would then buy us time to finalise the Hydroxide JV agreement, secure other offtakes, and build the fines circuit. We would then probably have a similar size loan to our producing peers.
We have a history of getting bigger loans to pay off smaller ones (relatively speaking).
From Quarterly Cashflow Report:
Ann: Corporate and Operations Update, page-220
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