Do you really think it's a cluster whatever you called it....
Key note here.. The BFS is worked on with the interested lending parties prior to release to market.
From a lending background this clearly says that when BFS Is released AUZ could have up to 10 term sheets from financiers and ready to enter into due diligence. In simple terms for some of the folk who claim to know it all, BFS will be deal ready when released. Everyone saw how well the CLQ BFS went. Lets follow their process because it worked so well.
From my perspective I was hoping the lenders were involved as this will speed up lending approval. If they didn't do this it would have been delayed at the other end trying to source and please a lender on the content of the BFS.
Again.. more noise and everyone expects the management to know exactly what lenders/offtake partners are going to request before they have even requested it.
whatever.... each to their own. my own thoughts....
Do you really think it's a cluster whatever you called it.......
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