Hi @ddzx
It wasn't clear to me from the recent eDFS, but from the original DFS in 2019 the capex from subsequent modules is being funded from cashflow.
I assume nothing has changed between then and now apart from potentially bringing forward Stage 2 with a substantial pre-payment from Urbix.
On that basis, I'm assuming if we raise the $182 USM CAPEX for stage 1 we can get the full project NPV?
have I missed something?
Cheers
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