GM - AUD67M equity on FID. LG - Said they would be willing to look at pre-payment to help get across the line. Lets say 1 years production = ~$20k/t @ 7k offtake = AUD140M NAIF - AUD??? finished strategic assessment. Could go as high as $600M. EFA - AUD250M conditional debt funding approval K-SURE - AUD??? conditional debt funding. Not sure how high, but is linked to EFA, so potentially the same? $250M.
So rough calcs, QPM are good for ~AUD500M - $1.3B.
Im sure GM could give us a years upfront and perhaps Posco too, which would add up to ~$380M.
NAIF is a big one. Im pretty forgetful, have we heard anything about how their detailed due diligence is progressing?
QPM Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
