QPM is not a mine, it is infinitely more scalable than a mine and has much more long term potential than a mine.
So approx 1.1bn of debt is on the cards, we are looking for another 0.7bn to 1.1bn from equity partners.
The IRR on that equity injection is going to be pretty nice and that kind of dilution does not bother me.
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QPM is not a mine, it is infinitely more scalable than a mine...
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