I fear these discussions are all now a waste of time as the deal seems done.
However -:
Capital raising through shares is one option.
JV partners along the way is another option.
Borrowing funds is also an option.
Renting out OUR rail line could be an option. ($35p/tonne to build)
A combination of all four above is yet another option.
The revenue and share price that would flow through in 3-5 years with a company mining 1 Billion tonnes of 60% grade Fe over a 25 year mine life would almost of certainly been worth the short term share value dilution.
I was willing to risk my capital on it when we were looking for diamonds.
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i will be voting 'yes', page-23
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