They had $2.6M at the end of last quarter plus the indirect WA1 interest.
Definitely not an APC like situation, assuming they aren’t looking to exit SOP in the immediate future. The on/off Beyondie deal does raise some question marks over the Mackay project, the capital cost of this project will now be far higher than the DFS estimate. Commentary on BCI/NAIF suggests lenders are very wary of potash in WA, not helpful for AMN.
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