Doing a bit of late night reading through old AFR articles and the like. The writing is on the wall. Patience is a virtue and I firmly believe those that weather the storm will be rewarded. Quote below from our CEO.
““We are in advanced discussions with customers who are looking at financing options, prepayment or debt arrangements to support financing the plant and securing offtakes for when that plant comes online,” Mr Burns told The Australian Financial Review.“We are looking at funding arrangements that range from tens to hundreds of millions of US dollars in different forms, be it equity, prepayment or debt structures that will be coupled with long-term offtakes. If we sign an offtake over five years for these materials, we are talking about multibillion offtake contracts.”
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