Interesting interview with CEO Iggy Tan, page-2

If successful financing decision from germany export credit (175M$ at an incredibly low interest rate around 3.50% and very long period of reimbursement of 12 years) and successful decision for the cover loan (additional 10M$) that is 185M$. Then they need some 100M$ equity raise. I am thinking it is possible for Mitsubishi (off-taker) to finance the project through discounted pre-sales ?

Lets assume a price per tonne of 99.99% High Purity Alumina of 40.000$ (japanese market prices), if Altech agrees to a discount of 50% for the first year of production commissioning/ramp-up (1500 tonnes - 2000 tonnes ?) that is 20.000$ guaranteed low price for Mitsubishi and a financing for Altech of 30M$ - 40M$. Already a reduction of required dilution by a huge 30%-40% and a win-win ssituation for both Altech-Mitsubishi. Altech may need to raise just 60M$ if Mitsubishi agrees to this attractive deal for both parties.

If that happens then this stock may convert from a 5 bagger potential opprotunity to a Disallowed potential opportunity ! I trust Iggy Tan as a very smart CEO and shrewd negotiator and hopefully he could pull off something like that.