GL1 4.26% 22.5¢ global lithium resources limited

Ann: REE Discovery At Manna Project Area, page-30

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  1. 78 Posts.
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    with respect , that is not how projects are funded - i.e assuming 100% equity dilution.

    projects will be lead by debt financing, senior debt and then per haps Govt led financing from export credit agencies etc. GL1 will have no issue with this style of debt financing given the sector it is in. Question will be the debt sizing which i think conservatively is 60-70% of capex bill. ($120-160).So the residual is potential equity. Some structures have allowed for a strategic partner to subscribe for a significant portion of the equity raise and will also provide for a retail component to minimise dilution.



 
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