It is concerning, but i do understand why they are concerned (very high risk)
I think their plan was to pay off the debt package with a new debt package later on - but since the future of lithium is uncertain, and the costs to produce aren't certain (and likely to be operating at a loss in the beginning) - it doesn't make a really good case for the banks
Yeah Gina just FOMO'd in, the same way she did with AZS
I guess we'll just have to wait and see how this all plays out over time
Ann: Presentation - Strategic Partnership and Long Term Funding, page-86
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