Surely all capex will be funded by a small pre-sales agreement....

Surely all capex will be funded by a small pre-sales agreement. The value of this stuff is quite incredible.

For $40-50M in capex, pre-sales of +/-150,000 tons @ $A400/t are required that is all.

No dilution at all for capex should be necessary and holders need to stress this point to AD. Why dilute if there is a better alternative? We also need to be very mindful that any long-term sales agreement is considered very carefully indeed to ensure our best interests are protected.

I just hope we don't get taken over. Surely that won't happen with a good Top 20/40.