INR 10.3% 16.0¢ ioneer ltd

Actually, it would have ended up worse if we had raised equity...

  1. 754 Posts.
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    Actually, it would have ended up worse if we had raised equity at INR level as SBSW would have looked for significant permit discount.

    Financing at project level (binding, dependent on permit only) left that risk with INR which mgt were more than happy to keep.

    Best deal for INR shareholders.
 
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