You'd like to think that there are a few things to flow from yesterdays announcement. Hopefully, anyway:
Approval of revised MMP ( a must-have for any DSO operation is to be viable, if AEV/Hebang want to develop the Wonarah site - 40kT will not be viable) Approved revised MMP should lead to parties entering into binding offtake agreements Binding offtake agreements provide the foundation for project financing to get the operation built and underway
Should be no need for any more cap raisings if the first two lines prove to be accurate
AEV Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)