Pre-finance talks will be the head of the agenda. That's 1000% guaranteed. I dare say, there will be many at the table now, asking the same old well worn questions,
"We can help with CAPEX, in return for xx% as an ROI on our injection" or
"x-amount as CAPEX and OPEX with an ROI on a Sliding Scale, based on xx% DSO etc.
Most will also add those talks into their upcoming NR's and A's for the A*X. Looks good for potential funders and stock holders, if they know you're in discussions with a holder of over 5bil tonne of Fe. It's all in the initial wording and the Disclaimer at the end. Most call them Forward Looking Statements.
I've seen it all before. LOL. The expansion phase, will be the one to watch. That's when as you predicted, R*O or B*P, will step up to the plate. Having dealt with B*P for close to 40 years, their Finance approach is what's classed as second to none. R*O wont go head to head with B*P, they would rather walk away. However R*O will be watching, as will Gina and Twigs. You will also find, that B*P will enter discussions at the last moment. F*G also learnt this valuable trick from them and now they are positioned, where they are, because of that.
Exciting times ahead, for sure.
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