Big week coming up!
Hey wotta, are these capex figures close to what you're thinking?
https://business.gov.au/grants-and-programs/major-project-status/current-major-projects
Given the recent cash burn of only $3M/Q (Dec22 Qtrly cash position $137M, Mar23 Qtrly $134M) giving say $130M available now, and the conditional EFA loan of $185M, RNU would be comfortably placed to cover this.
Cashflows from concentrates to cover any shortfall for Stage 2, and similar PSG cash to roll the extra for Stage 3 anode aspirations, is a smart way to support the staged approach. Particularly as the team will need time to build those partnerships and expertise for the higher end anode work.
The BAM is a supersized version of the original junior burger meal, and diners should not be Thunderstruck by the headline capex.
Then our partners will have to decide are their finances and raw graphite supply on The Razor's Edge, and is it time to Fire Your Guns If You Dare.
Dilly dally, and you may find RNU has Got You By The Balls, as the other MOU parties stump up and secure the available offtake as only Money Talks.
IMO it will confirm it is Goodbye and Good Riddance To Bad Luck, and DC's team will Rock Your Heart Out.
Then FID Shot of Love and Construction Confirmation - Let's Make It.
Perhaps even a 40c Mistress For Christmas?
Are You Ready?
Big week coming up!Hey wotta, are these capex figures close to...
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