Moving forward our next major catalyst and derisking event will be financing.
From the Noosa pres:
Debt Finance – formal mandate signed with the U.S.International Development Finance Corporation for Karibib;commercial lenders engaged for UAE debt; due diligenceadvanced; commitments targeted for late 2021-early 2022
I think it's fair to say we should have our financing issues sorted pretty soon considering the target was late 2021 / early 2022.
Following this hopefully we get an updated DFS with the new current lithium pricing even if they tone the pricing back a fair bit we will have a large increase in estimated value. Financing plus an updated DFS should push us closer in value other lithium companies around that 1B plus mark.
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