It's certainly possible, but lets look at what's happened since the original financing was organised back in March.
1. Spot price has dropped 30% 2. Investment banks and Woodmac have revised long term price assumptions down 3. EV sales growth has slowed across Europe and the U.S 4. LTR have started comissioning, and can now provide real price forecasts for the next 12 - 24 months where the DFS used 10 averages. 5. Sentiment around lithium and EV's has only gotten worse, with left leaning governments being pushed out. 6. Traffis and trade sanctions on Chinese EV's.
On the balance of probabilities, the funding is going to be a pretty big issue.
LTR Price at posting:
89.0¢ Sentiment: Hold Disclosure: Not Held
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