GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2

Interesting "Advanced" Feasibility study - freaked the day traders out with a massive CAPEX number. As usual local Aussie suppliers having a lend on the indirect costs as well.

With the execution of the 3 major offtake agreements, ESPECIALLY General Motors for 100% of nickel and cobalt production for the life of project from a Stage 2 expansion, these guys should be providing debt facilities at good lending rates - prepaid/upfront and get this show on the road.

GM should be writing a check for $1.75Bn today..................
C'mon QPM get with the program.

A lithium company said to an OEM, you want the last 1/3rd of our high grade Spodumene offtake, come with $300MM debt facility or you dont get the goods..................