Shorters are betting on a huge share issuance to fund the non-bank portion of the Capex capital raise to get Tumas into production.
Have been considering how JB could raise the non-bank funding requirements without going to market and Japan comes to mind.
JB already has close alliance with Japan (JV partner on the Nova project) so am hoping JB can secure long term contracts to supply Japan and also obtain the non-bank funding requirements from Japan in a similar way to what Lynas has been able to achieve: -
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