why would they raise money in Sept when they have $15odd mill in the bank and production of higly sought after lithium coming on stream in Dec.
They will use the free cashflow from that to pay for the BFS in March . Use the further cashflow from that to go to phase 2 of the lithium mine.
The extra cashflow of the lithium mine will be used for the costs of Meekatharra...
People are missing the point this company has a $100 million p/a of cashflow from lithium with NO DEBT . And a gold resource of 2.5m Oz that will be producing in 18 months.
why would they raise money in Sept when they have $15odd mill in...
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