MQ mentioned multiple times last webinar that they’re looking at debt for financing early part of the project & they’ll be announcing more details on it post DFS in Sep (but I’m expecting Oct given their historic timelines).
I do agree though, funding is the key test, as much as the numbers are good enough to get the $38m us, till we get clarity on debt/JV deal there’s still a high risk. Once we know what the outcome & structure is, should help.
Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-150
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