Funding position, page-4

From their track record, Teck is not the type to go all in on a project.

Look at Carrapateena as an example - fantastic project of which Teck had only 34% interest and eventually bought out by Oz Minerals.

With Teck's experience and knowledge of the Gawler Craton province, there is a high chance the results will be favourable.

as for raising, any decent results will grow the market cap, and indeed the raising price will be much higher than current levels, and subsequently minimise dilution

Kind regards

LB