I suspect funding is not going to be a problem with this company, given the nearby cashed up neighbours, the incredible exploration upside and close proximity to Port Hedland.
The thing that must be frustrating everyone is the time it has taken for FIRB approvals … now expected over the next couple of weeks.
If there was a major player wanting to fund the drill out of Tabba Tabba, they can only play their cards once that approval has been formalised.
I’ll be surprised and disappointed if the next capital raise was executed with an SPP or rights entitlement.
I would prefer 15% goes to a friendly corporate, or a handful of well heeled institutions that are not going to compete with day traders.
Wildcat is on a granted mining lease, so it would be very nice to have access to established nearby process infrastructure to concentrate the lithium ores and then quickly put them on a ship.
WC8 Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
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