No junior mining minnow is securing almost $1.6 billion in capex on its own with no balance sheet. It is pipe dream stuff. Companies are struggling to raise A$100m in the current environment. Anywhere near a billion is just silly.
Cyprium's advantage is its almost A$500m in sunk capital and modest restart capex. Even then - Cyprium will need partners to help them secure funding.
Ann: High Grade Copper Discovery at Heeler Prospect on Cue JV, page-66
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