Grant, Rex, Charles and others would also now be provided with 13c options. Had I suspected,
https://hotcopper.com.au/posts/68562855/singlejust as I continue to suspect, that this should and had to be announced before the presumably first round of funding.
The remaining 645k AUD for Q3 will last until the end of September at most.A clearly larger financing is pending as I already further suspected. Therefore, this could (presumably) also be a lot larger than AUD 10m, rather AUD 20-40m or the financing of the entire phase 1.
Whatever the financing plan looks like, IMO only partners of RIO Tinto's caliber will come into question.Incidentally, the same applies to MKA, LIN and perhaps LOT (
https://www.reuters.com/business/sustainable-business/rio-tinto-spend-2165-mln-fund-ranger-uranium-mine-rehab-costs-2023-04-04/ ).
It would be a coup if Malawi, the government and all the companies mentioned had a common partner in RIO, which also operates mines globally and thus ensures the global supply of customers.
Even though it may seem a long shot, nothing can be ruled out in this days and age.
It will be interesting to see what will happen at GBE and elsewhere, IMO by the end of September at the latest.
(20min delay)