See most of that is already known. What i didnt like is Stef...

See most of that is already known.
What i didnt like is Stef complaining that shareholders are crying foul over dilution blah blah blah. trying to divert the conversation, focusing on trival matters

BS. Of course we are going to need to raise funds. A mix of debt and equity. Always going to happen
Its the details that are missing that im getting annoyed about.

Stef obviously has a plan. Since Ivanhoe deal fell over the plan has shifted to the NASDAQ.
but thats about all we know. Cards are being kept very close to the chest

DCF (50%) + bank finance kicking in 25%
CEF fund for 10% stake
raising the remainder
totaling about 1 billion
simples

...but its not that simple
Insto investors will do their DD. They'll need updated financial metrics, PFS etc.
no doubt costs have gone up. Is 1billion all we need ???

We have no idea of the capital structure, terms or conditions of debt, phase 2 offtakes (which i assume will go to the usa)
I get discussions are happening now, behind closed doors - but it still feels uncertain AND all this with the backdrop of a share price (and LNG price) in freefall

Is Ivanhoe selling their stake ?