But in all honesty, most of us saw this coming... right?
There's essentially been a significant raise every year, and in reality it's propped us up to be significant market leaders.
Oct 2021 - $100M for Moblan
May 2022 - $190M for NAL refurbishment, studies and exploration
Now that $100M investment in Moblan has now ~5x in value, at the bare minimum, with much further upside. That $190M has gotten us to production, bringing in future cashflow.
This next CR will essentially bridge investments before cash positive. Strike while the iron is hot, being first to market is key to maintaining competitive advantage.
While I'm annoyed it was leaked via AFR, not at all surprised.
But in all honesty, most of us saw this coming... right?There's...
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