Fear of refinancing and talk has been more of an issue with those who don't hold.
I would prefer, if need be, to hold out for the right deal.
It's becoming clearer that alternatives around the world are not panning out, in expansion or initial mining due to social, political,enviromental and accessibility whereas OZ mines are producing the right stuff and have the capabilities to easily expand.
The last capital raise was intended for further improvements and more drilling.
Although I thought more for "insurance "
It looks like management have spent the money where they said they would.
The next announcement could be about Stage 2 Shanahan Gangfeng as partners IMO the wild card being Tesla who might want to take a stake by an offtake agreement like they did with KDR.
This would reduce the fear of re refinancing and give good leverage for borrowing rates.
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