Hi mondy,
to be correct, we are talking here about "funding needed" and so ‘Acuity’ must be implied.If ATM does not need to be utilised, so much the better.
I think we have been able to narrow down the current funding requirements well and can roughly agree on USD 70 million.
That's not much, given the fact that Daniel can now travel to China, Europe, Chile, India, Saudi Arabia, USA, etc. with 15.000 tpa (of the best Argentinian stuff, 100% owned) and a probable export licence in his luggage.
By the way(from marketscreener yesterday)
Last year, Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), and its flagship mining company Ma'aden formed a joint venture called Manara Minerals to invest in mining assets abroad.‘I am quite confident that Saudi Arabia's demand for natural resources will be met one way or another,’ Alkhorayef said in response to a question about international investment in lithium. ‘Either through the products we have in the country or through imports, whether through investments by Manara or other partners.’
In Australia, the pie is largely divided. Chile is effectively nationalised and collects high licence fees, Boilivia and Mexico..., Canada and the USA still need a while.
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