Yes I reckon that is option. Although they have said they will not go this way. With debt so cheap and offtake deals building these are preferred by me but a CR for some of it will lessen the risk and not affect the SP much at all. I would go a combo deal. $26m from Yahua. $5m from NT. Another offtake for $15m. Debt of $15m and a small CR for the rest.
Banter and general comments, page-183
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