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clock Created with Sketch. 14/03/25
08:53
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Originally posted by hardmano:
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Well BML and shareholders will just be riding out the market uncertainty ahead of expected milestones. We were promised an outcome on the second hand plant by the end of March. The big news though will be achieving further non dilutive debt finance by end of June. That will be the clincher in terms of confidence in a future development IMHO. the Offtake deal and associated financing has increased my confidence a bit, more so because of the locking in of sales of 75% of Offtake which is big bucks and the cash flow needed to back any debt financing.
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Simply review the milestone guidelines from the past 4 years and cross off each one off to get a sense of how that is all likely to turn out.
(20min delay)