why do you say that AY?
Cash on hand USD72m and capex in H1 / H2 Fy24 of a max of $52m with some of it possibly spent by now.
The Ewoyaa FID is due per the ppt by 2025. So yes, they will need some sort of funding if the FID is to build and fund it, rather than any type of carve out.
In the current climate, I would have thought that is subject to some extensive analysis and possible deferral with current pricing and to me, would likely be deferred ?
Don't you reckon?
I read it more of an update saying things are well on track and they are going better than the SP implies??
Wazz
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