Aurelia Metals strikes gold with $200m M&A deal, raising, page-85

Having had longer to think about this. Potentially it also highlights the companies position with Hera/Federation and Peak. We all know next year should be stellar at Peak with Kairos etc but what about the year after? What if there is a hiccup? Hera’s numbers are not going to be a company maker and Federation is going to continue as a substantial cash draw for the foreseeable future, additionally they will need strong cash flows for its development. This option although at not the best terms kind of seems like an admission of this and will add significant capital for other projects down the track.