Surprises? What like?
No funding from the banks?
$750m agreed the market goes woo hoo!!!
3 months later - Withdrawn SP shits its knickers. Those putting coin in at $1.80 shagged over.
That kind of surprise.
There is no guarantee on the $550m they have their cap in hand on a street corner looking for.
Historically debt laden Li mines do not fair well.
Black swan event, accident at the mine etc etc can kill a company with debt.
Debt that will be costing $100 a Tonne if only the existing Ford $300m facility I should add. Double that with the $250m that is having the interest capitalised
Capitalising interest.
Jesus
A40 and AJM comes to mind
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