That is some serious coin (US$700m ~1B AUD). Not only that, the comments from Jigar shah as pointed out by @kdwc in Post #: 65689986 are truly noteworthy. I would assume the DOE knows a little more than the average punter.
James and Rowe made one solid decision back in 2021-22 - getting Sibanye on board (which at that time sounded below par as passionate shareholder were expecting some popular names like Tesla/Panasonic). Sibanye's equity commitment has been a huge foundation without which Ioneer would have been trading below 10c today if at all trading. I believe their influence and technical/financial backing of this project is one of the main reasons we landed a massive DOE funding. Well done to team Ioneer and Sibanye.
Understand the frustration many in here share regarding the delays and the long NEPA process that awaits us. @Kevo88 mate you have been a champion of INR on hotcopper since my day one of becoming a shareholder. Sad to see your patience is running out - hopefully this news will bring you back. Jigar shah has considerable means at his disposal to see the path forward a little more clearly than any of us can. I trust in time things will move forward. Its just the last hurdle remaining now - albeit a binary one (1/0)
I continue to hold for my 3rd year now. Monday will be a good day although as happened in US there is likely to be selling from SH's who don't have the patience to hold for 12 more months or willing to take a binary risk.
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