As per the Feb 3 Herald Sun article mate :“A bankable...

As per the Feb 3 Herald Sun article mate :

“A bankable feasibility study is due for release in April.”

@J L mate surely you would agree there is a difference between “good debt” and “bad debt” ?
And you’d also surely agree that Daelim aren’t so stupid as to continue to provide their time and services POST December, if they thought they wouldn’t be paid back ?

I cannot see how the debt for the BFS is a bad thing by any metric.
The alternative was no progression on the BFS until they secure funding, which would mean huge delays.

Either way, we all agree that securing funding is essential for the company’s success (obviously). And the BFS needs to be completed …. So I’m perplexed as to how this is a bad situation for the company ?

This screams of confidence on Daelim’s part.


Cheyne