The race continues.
Once the Hare comes out of suspension I believe it will gap up, as the Tortoise has all the financial risk associated with the Burwill offtake and Bald Hill Project. AMAL will soon sign a tantalum off-take agreement with Mitsubishi and will have cash flow from this in August. It doesn't look like AMAL need to do a CR for the project, we'll see when the DFS is released.
The Race - The Sinkie Hare vs. The Aussie Tortoise, page-41
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