Forget the final vendor payment as multiple times said this is not due until first production. By then pme would think multiple off takes have been signed.
MARCH Q1 COSTS ? 300-500K
ROADS
WATER CONNECTION .
ELECTRICTY CONNECTION
2 MIL
EQUIPMENT 6-8 MIL THERE IS NO HIGH TECH HERE
OUTBUILDINGS CONSTRUCTION 2MIL
12-13 MILLION
Even if capex is blow out and we need another 6-8mil
by the time we have used all our funds and construction is progressing as planned and it should as it's a pretty straightforward development
we would be able to raise at let's say 47c euroz valuation ndpr prices should be better
this is not saying we wouldn't have addtional off takes and credit facilities by then also
not too concerning I'd say at this stage mate
due to cost blow outs of late with every REE company market is super wary and cautious until the details are revealed.
Investor Stream, page-18
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