the salami was in reference to a poster with that handle who is an ingenious HC pest. Good see you are not the same, and my apologies if my assumptions were off.
finance is not the issue it’s the equity raise that will go along with it that’s the issue, because at our current MC holders could be heavily diluted. This has been partially mitigated by the finance which has been offered as part of the offtake deal as well as the lower capex with this announcement (would be nice if they told us what the new all up capex is).
We may see a higher % of debt to equity than normal but it’s still the key issue imho.
BML Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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