Hopefully no further dilution
I have copy and pasted an explanation on funding by another poster who explains it well
Hopefully, he does not mine.
"Now because the capex is under a single year of revenue, this project is going to be financed with a combination of offtake, debt and some equity (as a buffer) and therefore on a PER SHARE basis we will all have a very decent exposure to the future cash flows from Kalongwe. The company is owned by incredibly greedy (but smart) private equity guys who aren't interested in diluting away the value of the asset just to get it into production".
Hopefully no further dilution I have copy and pasted an...
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