It’s highly likely whatever funding it is that it’d be conditional, so in my view, no reason it couldn’t be something related to BV or pig iron cause the financier has no real skin in the game until their conditions, such as more studies, offtakes etc are met. Having a financier sign on conditionally would encourage potential offtakers who may be sitting on the fence to sign on too, it’d be a serious show of intent and confidence etc that the project may actually come to fruition.
As always though, not getting hopes up too much here as they always tend to underwhelm..I guess until they don’t, who knows, maybe that time is now..
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